MCGRAW HAROLD III 4
4 · UNITED TECHNOLOGIES CORP /DE/ · Filed May 1, 2018
Insider Transaction Report
Form 4
MCGRAW HAROLD III
Director
Transactions
- Award
Phantom Stock Unit
2018-04-30$120.15/sh+1,498.127$180,000→ 51,321.832 total→ Common Stock (1,498.127 underlying)
Holdings
- 3,605
Common Stock
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. The Plan provides for payment of a portion or all of the annual compensation in deferred stock units. 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.