RTX Corp — Director's Dealing 2017

Jan 5, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNITED TECHNOLOGIES CORP /DE/ (UTX)
CIK: 0000101829
Period of Report: 2017-01-03

Reporting Person: Gitlin David L. (Pres., UTC Aerospace Systems)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-03	Restricted Stock Units RSU	$	A	7400.0000	Acquired		Common Stock (7400.0000)	Direct
2017-01-03	Stock Appreciation Right	$110.8300	A	55000.0000	Acquired	2027-01-02	Common Stock (55000.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2640.0000	Indirect
Common Stock	6586.0000	Indirect

Footnotes

F1: These shares are in a revocable trust in the name of the reporting person's spouse that was established for estate planning purposes. The trust held 2,430 shares at the time the reporting person became a Section 16 officer in January 2015. In February 2015 and November 2016, the trust received an additional 2,816 shares and 1,340 shares, respectively, that were held directly by the reporting person. In these instances, the transfers involved only a change in the form of the reporting person's beneficial ownership of these shares.

F2: Each restricted stock unit (RSU), including dividend equivalents, represents a contingent right to receive one share of UTC Common Stock.

F3: The reporting person was also awarded 18,300 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 return on invested capital, earnings per share growth and total shareholder return relative to the S&P 500 index over a three-year time period.