SEC Form 4 · accession 0001225208-16-023811
RTX Corp · RTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neil G. Mitchill Jr.
Officer — Vice President, Controller
Period of report
Jan 4, 2016
Accepted (ET)
Jan 6, 2016 · 5:06 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 | — | — | — | 40 | 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 Units 1/4/16F1,F2 | — | Jan 4, 2016 | A | 1,055 | A | — | — | Common Stock | 1,055 | 1,055 | D |
| Stock Appreciation RightF3 | $95.57 | Jan 4, 2016 | A | 13,200 | A | Jan 4, 2019 | Jan 3, 2026 | Common Stock | 13,200 | 13,200 | D |
Explanation of responses
- F1Each restricted stock unit (RSU) is equal in value to one share of UTC common stock.
- F2The restricted stock units (RSUs) vest after three years.
- F3The reporting person was also awarded 1,580 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 UTC's return on invested capital, earnings per share growth and total shareholder return relative to the S&P 500 index over a three-year time period.