SEC Form 4 · accession 0001225208-16-041869
RTX Corp · RTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory Hayes
Officer — Chairman, President and CEO · Director
Period of report
Nov 14, 2016
Accepted (ET)
Nov 16, 2016 · 5:03 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 StockF1 | Nov 14, 2016 | M | 90,000 | $70.81 | A | 183,825 | D | |
| Common Stock | Nov 14, 2016 | D | 7,696 | $108.91 | D | 176,129 | D | |
| Common StockF2 | Nov 14, 2016 | S | 15,748 | $108.894 | D | 160,381 | D | |
| Common Stock | Nov 14, 2016 | D | 29,252 | $108.93 | D | 131,129 | D | |
| Common Stock | Nov 14, 2016 | D | 29,260 | $108.90 | D | 101,869 | D | |
| Common Stock | holding | — | — | — | 4,940 | I | By Savings Plan Trustee | |
| Common Stock | holding | — | — | — | 874 | I | By Spouse | |
| Common Stock | holding | — | — | — | 1,242 | I | By Spouse's Savings Plan Account |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF3 | $70.81 | Nov 14, 2016 | M | 90,000 | D | — | Apr 8, 2018 | Common Stock | 90,000 | 0 | D |
Explanation of responses
- F1The Stock Appreciation Rights (SARs) were settled in shares in accordance with terms of the award. For Section 16 reporting purposes, the exercise of SARs for stock is treated as an exempt acquisition of the shares underlying the SARs at the exercise price per share specified in the award of SARs and a simultaneous sale back to the issuer of a number of the underlying shares having a value, based on the market price of the issuer's stock on the date of the exercise, equal to the product of the number of underlying SARs times the exercise price per share.
- F2The price reported in Column 4 is a weighted average price for shares sold in multiple transactions. The sale prices ranged from $108.87 to $108.95 per share. Upon request, the reporting person will provide to the Commission staff, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price.
- F350% of the stock appreciation rights became exercisable on April 9, 2011 and the remaining 50% became exercisable on April 9, 2012.
Remarks
hayes.txt