RTX Corp — Director's Dealing 2016

Nov 14, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNITED TECHNOLOGIES CORP /DE/ (UTX)
CIK: 0000101829
Period of Report: 2016-11-10

Reporting Person: Bailey Robert J. (Corporate VP, Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-10	Common Stock	M	2000.0000	$54.9500	Acquired	2000.0000	Direct
2016-11-10	Common Stock	S	967.0000	$106.4595	Disposed	1033.0000	Direct
2016-11-10	Common Stock	D	1033.0000	$106.3600	Disposed	0.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-11-10	Stock Appreciation Right	$54.9500	M	2000.0000	Disposed	2019-01-01	Common Stock (2000.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4031.7400	Indirect

Footnotes

F1: The Stock Appreciation Rights (SARs) were settled in shares in accordance with terms of the award. For Section 16 reporting purposes, the exercise of SARs for stock is treated as an exempt acquisition of the shares underlying the SARs at the exercise price per share specified in the award of SARs and a simultaneous sale back to the issuer of a number of the underlying shares having a value, based on the market price of the issuer's stock on the date of the exercise, equal to the product of the number of underlying SARs times the exercise price per share.

F2: The price reported in Column 4 is a weighted average price for shares sold in multiple transactions. The sale prices ranged from $106.443 to $106.475 per share. Upon request, the reporting person will provide to the Commission staff, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price.