MCDONOUGH ROBERT J 4
4 · UNITED TECHNOLOGIES CORP /DE/ · Filed Jan 4, 2018
Insider Transaction Report
Form 4
MCDONOUGH ROBERT J
President, UTC CCS
Transactions
- Award
Restricted Stock Units RSU
2018-01-02$128.16/sh+6,500$833,040→ 6,500 totalFrom: 2021-01-02→ Common Stock (6,500 underlying) - Award
Stock Appreciation Right
2018-01-02$128.16/sh+53,500$6,856,560→ 53,500 totalExercise: $128.16From: 2021-01-02Exp: 2028-01-01→ Common Stock (53,500 underlying)
Holdings
- 18,051
Common Stock
Footnotes (2)
- [F1]Each Restricted Stock Unit (RSU), including dividend equivalents that accrue during the vesting period, represents a contingent right to receive one share of UTC Common Stock.
- [F2]The reporting person was also awarded 16,100 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.