Paliwal Dinesh C 4
4 · RAYTHEON TECHNOLOGIES CORP · Filed Apr 28, 2021
Insider Transaction Report
Form 4
Paliwal Dinesh C
Director
Transactions
- Award
Phantom Stock Unit
2021-04-26$81.00/sh+4,814.815$390,000→ 10,585.652 total→ Common Stock (4,814.815 underlying)
Footnotes (1)
- [F1]The reporting person acquired these stock units under the Raytheon Technologies Corporation 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 deferred 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.