UNITED TECHNOLOGIES CORP /DE/ 4
4 · UNITED TECHNOLOGIES CORP /DE/ · Filed Apr 26, 2017
Insider Transaction Report
Form 4
Austin Lloyd J. III
Director
Transactions
- Award
Phantom Stock Unit
2017-04-24$116.32/sh+1,702.201$198,000→ 3,295.146 total→ Common Stock (1,702.201 underlying)
Footnotes (1)
- [F1]The reporting person acquired these Phantom Stock Units under the UTC Board of Directors Deferred Stock Unit Plan (the "Plan") in connection with the reporting person's annual compensation for service as a non-employee director. Upon retirement or termination, the stock units in the director's account under the Plan are converted into an equal number of shares of common stock that, at the director's previous election, are distributed either in a lump-sum or in installments.