SEC Form 4 · accession 0001225208-16-035050
RTX Corp · RTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David R Whitehouse
Officer — Corp VP, Treasurer
Period of report
Jun 10, 2016
Accepted (ET)
Jun 14, 2016 · 5:03 pm EDT
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 StockF1 | Jun 10, 2016 | M | 11 | $0.00 | A | 3,211 | D | |
| Common Stock | Jun 10, 2016 | F | 4 | $100.35 | D | 3,207 | D | |
| Common Stock | holding | — | — | — | 248 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent RightsF2,F1,F3 | — | Jun 10, 2016 | A | 11 | A | — | — | Common Stock | 11 | 11 | D |
| Dividend Equivalent RightsF2,F1,F3 | — | Jun 10, 2016 | M | 11 | D | — | — | Common Stock | 11 | 0 | D |
Explanation of responses
- F1Restricted stock units (RSUs), including dividend equivalent rights, convert into UTC common stock on a one-for-one basis.
- F2On June 1, 2012, the reporting person was granted 1,527 restricted stock units (RSUs), which included the right to receive dividend equivalents, when quarterly dividends are paid on UTC's common stock. On the fourth anniversary of the grant date, June 1, 2016, 1,674 RSUs, which included accumulated dividend equivalents, were converted into common stock. That transaction was reported on June 3, 2016. Those previously awarded RSUs were entitled to an additional 11 dividend equivalents that were not payable until June 10, 2016.
- F3The dividend equivalent rights vested on June 1, 2016, yet were not payable until June 10, 2016.