4//SEC Filing
RHOADS REBECCA R 4
Accession 0001047122-20-000121
CIK 0001047122other
Filed
Apr 7, 8:00 PM ET
Accepted
Apr 8, 3:31 PM ET
Size
23.0 KB
Accession
0001047122-20-000121
Insider Transaction Report
Form 4
RAYTHEON CO/RTN
RHOADS REBECCA R
Vice President
Transactions
- Disposition to Issuer
Restricted Stock Units
2020-04-03−3,623→ 4,697 total→ Common Stock (3,623 underlying) - Disposition to Issuer
Performance Stock Units
2020-04-03−4,487→ 0 total→ Common Stock (4,487 underlying) - Disposition to Issuer
Common Stock
2020-04-03−1,853→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Restricted Stock Units
2020-04-03−4,697→ 0 total→ Common Stock (4,697 underlying) - Disposition to Issuer
Performance Stock Units
2020-04-03−6,815→ 4,487 total→ Common Stock (6,815 underlying) - Disposition to Issuer
Common Stock
2020-04-03−4,101→ 0 total(indirect: Benefit Plan) - Disposition to Issuer
Performance Stock Units
2020-04-03−6,857→ 11,302 total→ Common Stock (6,857 underlying) - Disposition to Issuer
Common Stock
2020-04-03−20,460→ 0 total - Disposition to Issuer
Restricted Stock Units
2020-04-03−2,345→ 8,320 total→ Common Stock (2,345 underlying)
Footnotes (10)
- [F1]Pursuant to the terms of the Agreement and Plan of Merger, dated as of June 9, 2019, as amended by Amendment No. 1 to the Agreement and Plan of Merger, dated as of March 9, 2020, by and between United Technologies Corporation ("UTC") and Raytheon Company ("Raytheon") (the "Merger Agreement"), on April 3, 2020 (the "Closing Date"), Raytheon became a wholly owned subsidiary of UTC, with UTC becoming Raytheon Technologies Corporation. Pursuant to the Merger Agreement, on the Closing Date, each share of Raytheon Common Stock held by the reporting person was converted automatically into 2.3348 shares of UTC Common Stock.
- [F10]Represents PSUs earned at a specific level pursuant to the term of the Merger Agreement and which had not been previously reported. The PSUs were originally granted under the 2020-2022 Long-Term Performance Plan. The PSUs were converted into an award of time-vesting UTC RSUs pursuant to the terms of the Merger Agreement.
- [F2]Includes 18,704 restricted shares of Raytheon Common Stock that were converted into shares of UTC Common Stock and 1,756 restricted shares of Raytheon Common Stock that were converted into awards of restricted shares of UTC Common Stock, in each case pursuant to the terms of the Merger Agreement.
- [F3]The Reporting Person indirectly beneficially owned 1,853 shares of Raytheon Common Stock based on funds in the Reporting Person's Savings and Investment Plan Account.
- [F4]The Reporting Person indirectly beneficially owned 4,101 shares of Raytheon Common Stock based on funds in the Reporting Person's other employee benefit plan accounts.
- [F5]Time-based restricted stock units ("RSUs"), granted on March 21, 2018, that represent the right to receive one share of Raytheon Common Stock per unit. These RSUs were converted into awards of UTC RSUs pursuant to the terms of the Merger Agreement.
- [F6]Time-based RSUs, granted on March 20, 2019, that represent the right to receive one share of Raytheon Common Stock per unit. These RSUs were converted into awards of UTC RSUs pursuant to the terms of the Merger Agreement.
- [F7]Time-based RSUs, granted on March 25, 2020, that represent the right to receive one share of Raytheon Common Stock per unit. These RSUs were converted into awards of UTC RSUs pursuant to the terms of the Merger Agreement.
- [F8]Represents performance-based restricted stock units ("PSUs") earned at a specific level pursuant to the term of the Merger Agreement and which had not been previously reported. The PSUs were originally granted under the 2018-2020 Long-Term Performance Plan. The PSUs were converted into an award of time-vesting UTC RSUs pursuant to the terms of the Merger Agreement.
- [F9]Represents PSUs earned at a specific level pursuant to the term of the Merger Agreement and which had not been previously reported. The PSUs were originally granted under the 2019-2021 Long-Term Performance Plan. The PSUs were converted into an award of time-vesting UTC RSUs pursuant to the terms of the Merger Agreement.
Documents
Issuer
RAYTHEON CO/
CIK 0001047122
Entity typeother
Related Parties
1- filerCIK 0001196852
Filing Metadata
- Form type
- 4
- Filed
- Apr 7, 8:00 PM ET
- Accepted
- Apr 8, 3:31 PM ET
- Size
- 23.0 KB