Ramsaran Maharajh - 07 Dec 2021 Form 4 Insider Report for RAYTHEON TECHNOLOGIES CORP (RTX)

Signature
/s/ Dana Ng as Attorney-In-Fact
Issuer symbol
RTX
Transactions as of
07 Dec 2021
Net transactions value
$0
Form type
4
Filing time
09 Dec 2021, 16:39:41 UTC
Next filing
08 Feb 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RTX Restricted Stock Units Award +17,650 +150% 29,445 07 Dec 2021 Common Stock 17,650 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These Restricted Stock Units ("RSUs") are awarded in connection with the reporting person's membership in the Raytheon Technologies Corporation ("RTX") Executive Leadership Group ("ELG"). Following three years of ELG service, each RSU, including accumulated dividend equivalents, represents a right to receive one share of RTX Common Stock upon a Qualifying Separation from RTX (as defined in Exhibit 10.6 of RTX's 2020 Form 10-K). Vesting will be contingent upon the reporting person executing the terms of the ELG agreement.