Michael R. Dumais - 25 Feb 2022 Form 4 Insider Report for RAYTHEON TECHNOLOGIES CORP (RTX)

Role: EVP,Chf Transformation Officer
Signature: /s/ Dana Ng as Attorney-In-Fact
Issuer symbol: RTX
Transactions as of: 25 Feb 2022
Net transactions value: -$1,427,682
Form type: 4
Filing time: 01 Mar 2022, 16:10:03 UTC
Previous filing: 08 Feb 2022
Next filing: 18 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RTX	Common Stock	Options Exercise	$1,086,540	+13,000	+18%	$83.58	85,390	25 Feb 2022	Direct	F1
transaction	RTX	Common Stock	Sale	$184,084	-1,883	-2.2%	$97.76	83,507	25 Feb 2022	Direct
transaction	RTX	Common Stock	Sale	$488,655	-5,000	-6%	$97.73	78,507	25 Feb 2022	Direct
transaction	RTX	Common Stock	Disposed to Issuer	$1,086,464	-11,117	-14%	$97.73	67,390	25 Feb 2022	Direct
transaction	RTX	Common Stock	Options Exercise	$1,154,574	+13,814	+20%	$83.58	81,204	28 Feb 2022	Direct	F1
transaction	RTX	Common Stock	Sale	$247,925	-2,443	-3%	$101.48	78,761	28 Feb 2022	Direct
transaction	RTX	Common Stock	Sale	$507,170	-5,000	-6.3%	$101.43	73,761	28 Feb 2022	Direct
transaction	RTX	Common Stock	Disposed to Issuer	$1,154,498	-11,371	-15%	$101.53	62,390	28 Feb 2022	Direct
holding	RTX	Common Stock						1,879	25 Feb 2022	By Savings Plan Trustee

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	Stock Appreciation Right	Options Exercise	$0	-13,000	-48%	$0.000000	13,814	25 Feb 2022	Common Stock	13,000	$83.58	Direct
transaction	RTX	Stock Appreciation Right	Options Exercise	$0	-13,814	-100%	$0.000000^*	0	28 Feb 2022	Common Stock	13,814	$83.58	Direct

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

Explanation of Responses:

Id	Content
F1	The Stock Appreciation Rights (SARs) were settled in shares in accordance with the terms of the award. For Section 16 reporting purposes, the exercise of SARs for stock is treated as an exempt acquisition of the shares underlying the SARs at the exercise price per share specified in the award of SARs and a simultaneous sale back to the issuer of a number of the underlying shares having a value, based on the market price of the issuer's stock on the date of the exercise, equal to the product of the number of underlying SARs times the exercise price per share.

Content

The Stock Appreciation Rights (SARs) were settled in shares in accordance with the terms of the award. For Section 16 reporting purposes, the exercise of SARs for stock is treated as an exempt acquisition of the shares underlying the SARs at the exercise price per share specified in the award of SARs and a simultaneous sale back to the issuer of a number of the underlying shares having a value, based on the market price of the issuer's stock on the date of the exercise, equal to the product of the number of underlying SARs times the exercise price per share.