RAYTHEON CO/ 4
4 · RAYTHEON CO/ · Filed Dec 27, 2010
Insider Transaction Report
Form 4
RAYTHEON CO/RTN
SCHOTTLAENDER COLIN
Vice President
Transactions
- Sale
Common Stock
2010-12-22$44.95/sh−8,500$382,101→ 61,106 total - Sale
Common Stock
2010-12-22$44.95/sh−3,194$143,556→ 61,106 total - Exercise/Conversion
Employee Stock Option
2010-12-22−3,194→ 0 totalExercise: $29.68From: 2003-05-23Exp: 2011-05-23→ Common Stock (3,194 underlying) - Exercise/Conversion
Common Stock
2010-12-22$31.82/sh+8,500$270,428→ 69,606 total - Exercise/Conversion
Performance Stock Option
2010-12-22−8,500→ 0 totalExercise: $31.82From: 2006-10-27Exp: 2011-01-24→ Common Stock (8,500 underlying) - Exercise/Conversion
Common Stock
2010-12-22$29.68/sh+3,194$94,814→ 64,300 total
Holdings
- 3,553(indirect: By 401(k))
Common Stock
Footnotes (6)
- [F1]The stock option exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 22, 2010.
- [F2]The reported price is based on a weighted average of multiple same-day transactions with prices ranging from $44.90 to $45.01 per share. Full information regarding the number of shares sold at each separate price is available to the Securities and Exchange Commission, the Issuer or any security holder of the Issuer upon request.
- [F3]The reported price is based on a weighted average of multiple same-day transactions with prices ranging from $44.9325 to $44.97 per share. Full information regarding the number of shares sold at each separate price is available to the Securities and Exchange Commission, the Issuer or any security holder of the Issuer upon request.
- [F4]The Reporting Person indirectly beneficially owns 3,553 shares of the Issuer's Common Stock based on funds in the Reporting Person's Savings and Investment Plan/Excess Savings Plan Account divided by $45.60, the closing price of the Issuer's Common Stock on December 22, 2010.
- [F5]The options became exercisable in three equal installments. The first installment became exercisable on February 28, 2002, upon the Issuer's Common Stock sustaining (for a period of twenty (20) consecutive trading days) a market price of at least $36.59 per share; the second installment became exercisable on May 29, 2002 upon the Issuer's Common Stock sustaining a market price of at least $42.08 per share; and the third installment became exercisable on October 27, 2006 upon the Issuer's Common Stock sustaining a market price of at least $48.39 per share
- [F6]The options became exercisable in two annual installments beginning on May 23, 2002.