4//SEC Filing
Wood Michael J 4
Accession 0001225208-21-002080
CIK 0000101829other
Filed
Feb 9, 7:00 PM ET
Accepted
Feb 10, 6:19 PM ET
Size
8.1 KB
Accession
0001225208-21-002080
Insider Transaction Report
Form 4
Wood Michael J
Corporate VP and Controller
Transactions
- Award
Stock Appreciation Right
2021-02-08$72.49/sh+9,500$688,655→ 9,500 totalExercise: $72.49From: 2024-02-08Exp: 2031-02-07→ Common Stock (9,500 underlying) - Award
Restricted Stock Units
2021-02-08+5,175→ 16,431 total→ Common Stock (5,175 underlying)
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 RTX Common Stock. These RSUs vest on the third anniversary of the date of grant.
- [F2]In addition to the stock appreciation rights (SARs) and not included in this number, the reporting person was also awarded 3,105 performance share units (PSUs) under the RTX Long-Term Incentive Plan. Each PSU has a value equal to one share of RTX Common Stock. These PSUs vest solely upon achievement of pre-established performance goals for RTX's return on invested capital (ROIC), earnings per share (EPS) growth and total shareholder return (TSR) relative to the S&P 500 and aerospace & defense peer companies. The performance period for EPS growth and ROIC is one-year, followed by a two-year holding period. Both TSR goals have a three-year performance period.
Documents
Issuer
RAYTHEON TECHNOLOGIES CORP
CIK 0000101829
Entity typeother
Related Parties
1- filerCIK 0001377272
Filing Metadata
- Form type
- 4
- Filed
- Feb 9, 7:00 PM ET
- Accepted
- Feb 10, 6:19 PM ET
- Size
- 8.1 KB