SEC Form 4 · accession 0001047122-16-000246
RAYTHEON CO/ · RTN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard R Yuse
Officer — Vice President
Period of report
Mar 23, 2016
Accepted (ET)
Mar 24, 2016 · 5:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001047122
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Mar 23, 2016 | A | 10,496 | A | — | Mar 23, 2020 | Common Stock | 10,496 | 29,648 | D |
Explanation of responses
- F1Time-based restricted stock units (RSUs) that represent the right to receive one share of the Issuer's Common Stock per unit.
- F2These RSUs vest in one-third increments on each of the second, third and fourth anniversaries of the date of grant and continue to vest (but do not accelerate) on the scheduled vesting dates into retirement, subject to the employee's compliance with certain post-employment covenants.