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RTX Corp — Director's Dealing 2007
Jan 5, 2007
29781_dirs_2007-01-05_2539f2d3-7068-48bc-a92f-04f2cb35b6d5.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: UNITED TECHNOLOGIES CORP /DE/ (UTX)
CIK: 0000101829
Period of Report: 2007-01-03
Reporting Person: BOUSBIB ARI (President, Otis Elevator)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2007-01-03 | Phantom Stock Unit | $ | I | 7012.4686 | Disposed | Common Stock (7012.4686) | Direct | |
| 2007-01-03 | Stock Appreciation Right | $62.8100 | A | 102000 | Acquired | 2017-01-02 | Common Stock (102000.0000) | Direct |
Footnotes
F1: Each deferred stock unit has a value equal to one share of UTC Common Stock. The reporting person elected to transfer a balance of deferred phantom stock units to a credited interest account under the UTC Deferred Compensation Plan. The election was made during an annual investment election period under the Plan and pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2006.
F2: The reporting person was also awarded 27,600 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 earnings per share and total shareholder return over a three year performance period.