UNITED TECHNOLOGIES CORP /DE/ 4
4 · UNITED TECHNOLOGIES CORP /DE/ · Filed Jan 5, 2017
Insider Transaction Report
Form 4
MCDONOUGH ROBERT J
President, UTC CCS
Transactions
- Award
Restricted Stock Units RSU
2017-01-03$110.83/sh+7,400$820,142→ 7,400 totalFrom: 2020-01-03→ Common Stock (7,400 underlying) - Award
Stock Appreciation Right
2017-01-03$110.83/sh+55,000$6,095,650→ 55,000 totalExercise: $110.83From: 2020-01-03Exp: 2027-01-02→ Common Stock (55,000 underlying)
Holdings
- 11,349
Common Stock
Footnotes (2)
- [F1]Each restricted stock unit (RSU), including dividend equivalents, represents a contingent right to receive one share of UTC Common Stock.
- [F2]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.