U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
FORM 4
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Engen, D. Travis
ITT Industries, Inc.
4 West Red Oak Lane
White Plains, NY 10604
2. Issuer Name and Ticker or Trading Symbol
ITT Industries, Inc.
IIN
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
June, 1996
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person to Issuer (Check all applicable)
(X) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
Chairman, President and Chief Executive
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Year |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
Common Stock |6/19/9|M | |23,399 |A |$9.44 |38,078 |D | |
|5 | | | | | | | | |
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Common Stock (ISP) (1) | | | | | | |1,067 |I |In Trust |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Year |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Stock Option (Right to|$7.9100 | | | | | |12/18|12/20|Common Stock|87,758 | |87,758 |D | |
Buy) (2) | | | | | | |/90 |/97 | | | | | | |
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Stock Option (Right to|$9.8900 | | | | | |11/07|11/09|Common Stock|146,262| |146,262 |D | |
Buy) (2) | | | | | | |/92 |/99 | | | | | | |
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Stock Option (Right to|$8.3100 | | | | | |12/11|12/13|Common Stock|146,262| |146,262 |D | |
Buy) (2) | | | | | | |/93 |/00 | | | | | | |
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Stock Option (Right to|$8.7200 | | | | | |02/12|12/14|Common Stock|329,385| |329,385 |D | |
Buy) (2) | | | | | | |/93 |/01 | | | | | | |
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Stock Option (Right to|$20.3200| | | | | |03/05|05/11|Common Stock|321,126| |321,126 |D | |
Buy) (2) | | | | | | |/96 |/05 | | | | | | |
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Stock Option (Right to|$9.4400 |6/19/|M | |23,399 |D |11/11|11/13|Common Stock|23,399 | |0 | | |
Buy) (2) | |96 | | | | |/89 |/96 | | | | | | |
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Stock Option (Right to|$15.7200| | | | | |09/06|10/16|Common Stock|292,525| |292,525 |D | |
Buy) (2) | | | | | | |/95 |/03 | | | | | | |
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Stock Option (Right to|$15.6900| | | | | |08/14|10/13|Common Stock|321,126| |321,126 |D | |
Buy) (2) | | | | | | |/95 |/04 | | | | | | |
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Stock Option (Right to|$25.3800| | | | | |03/12|03/14|Common Stock|150,000| |150,000 |D | |
Buy) (3) | | | | | | |/05 |/06 | | | | | | |
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Explanation of Responses:
(1) Common Stock held under the Investment and Savings Plan for Salaried
Employees, based on 10/31/95 plan statement.
(2) Options acquired under Rule 16b-3 plans of the
Issuer.
(3) Options awarded under Rule 16b-3 plan are exercisable (i) on the
exercisable date or (ii) after the closing NYSE trading price remains at or
above $31.73 for ten or more consecutive
trading days, whichever is
earlier.
SIGNATURE OF REPORTING PERSON
D. TRAVIS ENGEN
