SEC Form 4 · accession 0001225208-18-000663
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
Jan 2, 2018
Accepted (ET)
Jan 4, 2018 · 4:32 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 | Jan 2, 2018 | M | 2,175 | $0.00 | A | 6,000 | D | |
| Common Stock | Jan 2, 2018 | F | 797 | $128.16 | D | 5,203 | D | |
| Common Stock | holding | — | — | — | 392 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units 1/2/15F1,F2 | — | Jan 2, 2018 | M | 2,175 | D | — | — | Common Stock | 2,175 | 0 | D |
| Restricted Stock Units RSUF3 | — | Jan 2, 2018 | A | 2,171 | A | Jan 2, 2021 | — | Common Stock | 2,171 | 2,171 | D |
| Stock Appreciation RightF4 | $128.16 | Jan 2, 2018 | A | 6,700 | A | Jan 2, 2021 | Jan 1, 2028 | Common Stock | 6,700 | 6,700 | D |
Explanation of responses
- F1Each restricted stock unit (RSU) represents a contingent right to receive one share of UTC common stock.
- F2On January 2, 2015, the reporting person was granted 2,175 RSUs, which vested on the third anniversary of the grant date.
- F3Each Restricted Stock Unit (RSU), including dividend equivalents that accrue during the vesting period, represents a contingent right to receive one share of UTC Common Stock.
- F4The reporting person was also awarded 1,460 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.