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RTX Corp — Director's Dealing 2014
Jan 6, 2014
29781_dirs_2014-01-06_dc2aa6da-27f2-4f99-b84d-fbd08e9c71fc.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: 2014-01-02
Reporting Person: DARNIS GERAUD (Pres. & CEO, UTC Bldg. & Ind.)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-01-02 | Stock Appreciation Right | $112.4900 | A | 139000.0000 | Acquired | 2024-01-01 | Common Stock (139000.0000) | Direct |
| 2014-01-02 | Stock Appreciation Right | $112.4900 | A | 69000.0000 | Acquired | 2024-01-01 | Common Stock (69000.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 114778.5965 | Direct |
| Common Stock (Career Restricted) | 4224.0000 | Direct |
| Common Stock | 10263.0000 | Indirect |
| Common Stock | 15710.0000 | Indirect |
| Common Stock | 5850.0000 | Indirect |
Footnotes
F1: 50% of the stock appreciation rights become exercisable on 12/31/2015 and 50% of the stock appreciation rights become exercisable on 12/31/2017, subject to the achievement of pre-established UTC Building & Industrial Systems earnings, sales and other financial targets.
F2: The reporting person was also awarded 18,000 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 acheivement of pre-established performance targets for UTC's earnings per share and total shareholder return over a three year time period.