SEC Form 4 · accession 0001225208-19-001971
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 5, 2019
Accepted (ET)
Feb 7, 2019 · 4:36 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 | — | — | — | 16,599 | D | ||
| Common Stock | holding | — | — | — | 1,749 | 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 RSUF1 | — | Feb 5, 2019 | A | 8,285 | A | Feb 5, 2022 | — | Common Stock | 8,285 | 8,285 | D |
| Stock Appreciation RightF2 | $120.77 | Feb 5, 2019 | A | 74,000 | A | Feb 5, 2022 | Feb 4, 2029 | Common Stock | 74,000 | 74,000 | D |
Explanation of responses
- F1Each 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.
- F2The reporting person was also awarded 13,400 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.