SEC Form 4 · accession 0001225208-15-000862
RTX Corp · RTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Akhil Johri
Officer — SVP and CFO
Period of report
Jan 2, 2015
Accepted (ET)
Jan 6, 2015 · 5:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000101829
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 7,865 | D | ||
| Common Stock | holding | — | — | — | 826 | I | By Savings Plan Trustee |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Jan 2, 2015 | A | 12,200 | A | Jan 2, 2018 | — | Common Stock | 12,200 | 12,200 | D |
| Restricted Stock Units RSUF2,F3 | — | Jan 2, 2015 | A | 36,510 | A | Jan 2, 2018 | — | Common Stock | 36,510 | 36,510 | D |
| Stock Appreciation Right | $115.04 | Jan 2, 2015 | A | 134,600 | A | Jan 2, 2018 | Jan 1, 2025 | Common Stock | 134,600 | 134,600 | D |
| Stock Appreciation RightF4 | $115.04 | Jan 2, 2015 | A | 40,500 | A | Jan 2, 2018 | Jan 1, 2025 | Common Stock | 40,500 | 175,100 | D |
Explanation of responses
- F1The restricted stock units vest on retirement from UTC on or after age 62 with a minimum of three years of service as a member of UTC's Executive Leadership Group. Each restricted stock unit represents a contingent right to receive one share of United Technologies Corporation Common Stock.
- F2Each restricted stock unit represents a contingent right to receive one share of United Technologies Corporation common stock.
- F3The restricted stock units vest on January 2, 2018.
- F4The reporting person was also awarded 9,700 performance share units (PSUs) under the UTC Long Term Incentive Plan. Each PSU has a value equal to one share of UTC Common Stock. These PSUs vest solely upon achievement of pre-established performance targets for UTCs earnings per share and total shareholder return over a three year time period.