Amy L. Johnson - 15 Feb 2022 Form 4 Insider Report for RAYTHEON TECHNOLOGIES CORP (RTX)

Role: Corporate VP and Controller
Signature: /s/ Dana Ng as Attorney-In-Fact
Issuer symbol: RTX
Transactions as of: 15 Feb 2022
Net transactions value: +$545,432
Form type: 4
Filing time: 17 Feb 2022, 16:16:03 UTC
Previous filing: 08 Feb 2022
Next filing: 07 Feb 2023
SEC: View on sec.gov

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	$0	+3,195	+75%	$0.000000	7,446	15 Feb 2022	Common Stock	3,195		Direct	F1
transaction	RTX	Stock Appreciation Right	Award	$545,432	+5,800		$94.04	5,800	15 Feb 2022	Common Stock	5,800	$94.04	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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	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 1,915 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.

Content

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.

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 1,915 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.