UNITED TECHNOLOGIES CORP /DE/ 4
4 · UNITED TECHNOLOGIES CORP /DE/ · Filed Apr 15, 2011
Insider Transaction Report
Form 4
MCCORMICK RICHARD D
Director
Transactions
- Award
Phantom Stock Unit
2011-04-13$84.21/sh+3,325.021$280,000→ 50,557.294 total→ Common Stock (3,325.021 underlying)
Holdings
- 39,788
Common Stock
- 3,200
Common Stock (Restricted)
Footnotes (1)
- [F1]Consists of Phantom Stock Units acquired by the reporting person as annual compensation for services as a non-employee director, under a company program that provides for payment of all or a portion of non-employee director compensation in deferred stock units. Upon termation of service on the Board of Direcotrs, all such Phantom Stock Units are payable in stock as a lump sum or in installments, at the election of the director.