Bailey Robert J. 4
4 · UNITED TECHNOLOGIES CORP /DE/ · Filed Nov 8, 2019
Insider Transaction Report
Form 4
Bailey Robert J.
Corporate VP, Controller
Transactions
- Disposition to Issuer
Common Stock
2019-11-07$149.11/sh−1,301$193,992→ 0 total - Exercise/Conversion
Stock Appreciation Right
2019-11-07−2,600→ 8,200 totalExercise: $74.66From: 2015-01-03Exp: 2022-01-02→ Common Stock (2,600 underlying) - Exercise/Conversion
Common Stock
2019-11-07$74.66/sh+2,600$194,116→ 2,600 total - Sale
Common Stock
2019-11-07$149.17/sh−1,299$193,766→ 1,301 total
Holdings
- 4,297(indirect: By Trust)
Common Stock
Footnotes (1)
- [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.