SEC Form 4 · accession 0001047122-17-000076
RAYTHEON CO/ · RTN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas A Kennedy
Officer — Chairman and CEO · Director
Period of report
Mar 29, 2017
Accepted (ET)
Mar 31, 2017 · 5:10 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 29, 2017 | A | 28,961 | A | — | Mar 29, 2021 | Common Stock | 28,961 | 59,109 | 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.