SEC Form 4 · accession 0001225208-17-003768
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 16, 2017
Accepted (ET)
Feb 17, 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 StockF1 | Feb 16, 2017 | M | 8,600 | $78.99 | A | 27,548 | D | |
| Common StockF2 | Feb 16, 2017 | S | 2,541 | $112.1237 | D | 25,007 | D | |
| Common Stock | Feb 16, 2017 | D | 6,059 | $112.10 | D | 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 Right | $78.99 | Feb 16, 2017 | M | 8,600 | D | Jan 3, 2014 | Jan 2, 2021 | Common Stock | 8,600 | 8,600 | 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 range from $112.121 to $112.124 per share. The reporting person has provided to the issuer, and undertakes to provide to the Commission staff or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.