4//SEC Filing
MCDONOUGH ROBERT J 4
Accession 0001225208-18-008752
CIK 0000101829other
Filed
May 3, 8:00 PM ET
Accepted
May 4, 4:29 PM ET
Size
10.5 KB
Accession
0001225208-18-008752
Insider Transaction Report
Form 4
MCDONOUGH ROBERT J
President, UTC CCS
Transactions
- Exercise/Conversion
Common Stock
2018-05-02$54.95/sh+20,000$1,099,000→ 40,612 total - Disposition to Issuer
Common Stock
2018-05-02$119.06/sh−9,230$1,098,924→ 31,382 total - Sale
Common Stock
2018-05-02$119.09/sh−10,770$1,282,603→ 20,612 total - Exercise/Conversion
Stock Appreciation Right
2018-05-02−20,000→ 0 totalExercise: $54.95From: 2012-01-02Exp: 2019-01-01→ Common Stock (20,000 underlying)
Footnotes (3)
- [F1]The Stock Appreciation Rights (SARs) were settled in shares in accordance with terms of the award. For Section 16 reporting purposes, the exercise of SARs for stock is treated as an exempt acquisition of the shares underlying the SARs at the exercise price per share specified in the award of SARs and a simultaneous sale back to the issuer of a number of the underlying shares having a value, based on the market price of the issuer's stock on the date of the exercise, equal to the product of the number of underlying SARs times the exercise price per share.
- [F2]The price reported in Column 4 is a weighted average price for shares sold in multiple transactions. The sales prices range from $119.07 to $119.17 per share. The reporting person has provided to the issuer, and undertakes to provide to the Commission staff or a security holder of the issuer upon request, full information regarding the number of shares purchased at each separate price within the range.
- [F3]This transaction was prompted by and related to the reporting person's impending divorce settlement.
Documents
Issuer
UNITED TECHNOLOGIES CORP /DE/
CIK 0000101829
Entity typeother
Related Parties
1- filerCIK 0001123874
Filing Metadata
- Form type
- 4
- Filed
- May 3, 8:00 PM ET
- Accepted
- May 4, 4:29 PM ET
- Size
- 10.5 KB