UNITED TECHNOLOGIES CORP /DE/ 4
4 · UNITED TECHNOLOGIES CORP /DE/ · Filed Feb 11, 2015
Insider Transaction Report
Form 4
DARNIS GERAUD
President, Carrier Corporation
Transactions
- Award
Common Stock
2015-02-09$119.32/sh+27,270$3,253,856→ 175,531.448 total - Tax Payment
Common Stock
2015-02-09$119.32/sh−636.11$75,901→ 174,895.338 total - Gift
Common Stock
2015-01-09$114.25/sh−5,984$683,702→ 0 total(indirect: By Trust) - Gift
Common Stock
2015-01-09$114.25/sh+5,984$683,702→ 11,834 total(indirect: By Trust)
Holdings
- 4,224
Common Stock (Career Restricted)
- 10,572(indirect: By Trust)
Common Stock
Footnotes (1)
- [F1]The reporting person acquired UTC deferred stock units upon the vesting of performance share units (PSUs) previously awarded on January 3, 2012 to the reporting person under United Technologies Corporation Long-Term Incentive Plan. Each PSU has a value equal to one share of UTC common stock. The PSUs vested solely upon achievement of pre-established performance targets for UTC's earnings per share and total shareholder return over a three-year performance period. The reporting person previously elected to defer receipt of the actual shares of common stock that otherwise would be received upon the vesting of these PSUs and acquired instead of deferred stock units that settle exclusively in shares and are included in Table 1 as common stock equivalents. Each deferred stock unit has a value equal to one share of UTC common stock.