MCDONOUGH ROBERT J 4
4 · UNITED TECHNOLOGIES CORP /DE/ · Filed Feb 14, 2018
Insider Transaction Report
Form 4
MCDONOUGH ROBERT J
President, UTC CCS
Transactions
- Award
Common Stock
2018-02-12$127.38/sh+3,388$431,563→ 21,439 total - Tax Payment
Common Stock
2018-02-12$127.38/sh−827$105,343→ 20,612 total
Footnotes (1)
- [F1]The acquisition of shares of UTC common stock represents the vesting of performance share units (PSUs) awarded to the reporting person on January 2, 2015, under the UTC 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 growth and total shareholder return over a three-year performance period, which ended on December 31, 2017. The performance criteria were satisfied at the 28% level.