AI assistant
RTX Corp — Director's Dealing 2015
Sep 18, 2015
29781_dirs_2015-09-18_b11f997b-07e8-46f0-87b5-a49f1d8f44cf.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: UNITED TECHNOLOGIES CORP /DE/ (UTX)
CIK: 0000101829
Period of Report: 2015-09-09
Reporting Person: MCDONOUGH ROBERT J (President, UTC CCS)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 11484.0000 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Common Stock (12333.4911) | Direct | ||
| Restricted Stock Units RSU | $ | Common Stock (11614.0000) | Direct | ||
| Stock Appreciation Right | $54.9500 | 2019-01-01 | Common Stock (20000.0000) | Direct | |
| Stock Appreciation Right | $71.6300 | 2020-01-03 | Common Stock (18900.0000) | Direct | |
| Stock Appreciation Right | $74.6600 | 2022-01-02 | Common Stock (28000.0000) | Direct | |
| Stock Appreciation Right | $78.9900 | 2021-01-02 | Common Stock (20900.0000) | Direct | |
| Stock Appreciation Right | $84.0000 | 2023-01-01 | Common Stock (38000.0000) | Direct | |
| Stock Appreciation Right | $112.4900 | 2024-01-01 | Common Stock (35000.0000) | Direct | |
| Stock Appreciation Right | $115.0400 | 2025-01-01 | Common Stock (50500.0000) | Direct |
Footnotes
F1: The restricted stock units ("RSUs") vest on retirement from UTC on or after age 62 with a minimum of three years of service as a member of UTC's Executive Leadership Group. When UTC pays a dividend on its common stock, the officer's RSU account is credited with additional RSUs equal in value to the dividend paid on a corresponding number of shares of common stock.
F2: The restricted stock units ("RSUs") vest on retirement from UTC on or after age 62 with a minimum of three years of service as a member of UTC's Executive Leadership Group. When UTC pays a dividend on its common stock, the officer's RSU account is credited with additional RSUs equal in value to the dividend paid on a corresponding number of shares of common stock.
F3: The restricted stock units will vest on May 1, 2017. When UTC pays a dividend on its common stock, the officer's RSU account is credited with additional RSUs equal in value to the dividend paid on a corresponding number of shares of common stock.
F4: Each restricted stock unit represents a contingent right to receive one share of United Technologies Corporation common stock.
F5: On January 2, 2013, the reporting person was also awarded 9,300 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 time period.
F6: On January 2, 2014, the reporting person also was granted 69,500 performance stock appreciation rights, 50% of which are subject to vesting on December 31, 2015 and 50% of which are subject to vesting on December 31, 2017, in each case subject to achievement of pre-established business unit earnings, sales and other financial targets. On January 2, 2014, the reporting person was also awarded 9,100 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 time period.
F7: On January 2, 2015, the reporting person was awarded 12,100 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 time period.