SEC Form 4 · accession 0001225208-17-002662
RTX Corp · RTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael R Dumais
Officer — EVP, Operations & Strategy
Period of report
Feb 6, 2017
Accepted (ET)
Feb 8, 2017 · 4:42 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 | — | — | — | 18,948 | D | ||
| Common Stock | holding | — | — | — | 1,674 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF1 | $74.79 | Feb 6, 2017 | A | 10,092 | A | Feb 6, 2017 | Jul 31, 2022 | Common Stock | 10,092 | 10,092 | D |
Explanation of responses
- F1On August 1, 2012, the reporting person was granted 100,920 performance stock appreciation rights, 50% of which became exercisable on February 9, 2015 and 50% of which became exercisable on December 31, 2016, in each case subject to and following confirmation of achievement of pre-established business unit earnings, sales and other financial targets. The performance criteria were satisfied at the 20% level for the second 50% of the grant, resulting in the vesting of 10,092 stock appreciation rights and the cancellation of 40,368 stock appreciation rights, both as of February 6, 2017.