Kremer Wesley D 4
4 · RAYTHEON TECHNOLOGIES CORP · Filed Feb 17, 2022
Insider Transaction Report
Form 4
Kremer Wesley D
President, RMD
Transactions
- Sale
Common Stock
2022-02-17$93.92/sh−15,083$1,416,656→ 73,519 total - Award
Stock Appreciation Right
2022-02-15$94.04/sh+96,700$9,093,668→ 96,700 totalExercise: $94.04From: 2025-02-15Exp: 2032-02-14→ Common Stock (96,700 underlying)
Footnotes (2)
- [F1]The reported price is based on a weighted average of multiple same-day transactions with prices ranging from $93.9101 to $94.0102 per share. Full information regarding the number of shares sold at each separate price is available to the Securities and Exchange Commission, the Issuer or any security holder of the Issuer upon request.
- [F2]This number reflects only stock appreciation rights (SARs) with these specific grant details and does not include other SARs. In addition to the SARs and not included in this number, the reporting person was also awarded 31,905 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, earnings per share growth and total shareholder return relative to the S&P 500 and aerospace & defense peer companies over a three year performance period.