SEC Form 4 · accession 0001225208-17-000717
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
Jan 3, 2017
Accepted (ET)
Jan 5, 2017 · 4:35 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 | — | — | — | 101,869 | D | ||
| Common Stock | holding | — | — | — | 4,968 | I | By Savings Plan Trustee | |
| Common Stock | holding | — | — | — | 874 | I | By Spouse | |
| Common Stock | holding | — | — | — | 1,249 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units RSUF1 | — | Jan 3, 2017 | A | 20,500 | A | Jan 3, 2020 | — | Common Stock | 20,500 | 20,500 | D |
| Stock Appreciation RightF2 | $110.83 | Jan 3, 2017 | A | 151,000 | A | Jan 3, 2020 | Jan 2, 2027 | Common Stock | 151,000 | 151,000 | D |
Explanation of responses
- F1Each restricted stock unit (RSU), including dividend equivalents, represents a contingent right to receive one share of UTC Common Stock.
- F2The reporting person was also awarded 50,500 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.