Shane G. Eddy - 01 Mar 2022 Form 3 Insider Report for RAYTHEON TECHNOLOGIES CORP (RTX)

Role
President, P&W
Signature
/s/ Dana Ng as Attorney-In-Fact
Issuer symbol
RTX
Transactions as of
01 Mar 2022
Net transactions value
$0
Form type
3
Filing time
09 Mar 2022, 16:01:14 UTC
Next filing
05 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RTX Common Stock 20,794 01 Mar 2022 Direct
holding RTX Common Stock 88 01 Mar 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
holding RTX Restricted Stock Units 01 Mar 2022 Common Stock 28,124 Direct F1
holding RTX Restricted Stock Units 01 Mar 2022 Common Stock 7,637 Direct F2
holding RTX Restricted Stock Units 01 Mar 2022 Common Stock 7,463 Direct F2
holding RTX Restricted Stock Units 01 Mar 2022 Common Stock 12,069 Direct F2
holding RTX SRP Stock Unit 01 Mar 2022 Common Stock 2,639 Direct F3
holding RTX Stock Appreciation Right 01 Mar 2022 Common Stock 50,594 $71.62 Direct
holding RTX Stock Appreciation Right 01 Mar 2022 Common Stock 16,600 $72.49 Direct F4
holding RTX Stock Appreciation Right 01 Mar 2022 Common Stock 8,427 $75.79 Direct
holding RTX Stock Appreciation Right 01 Mar 2022 Common Stock 25,297 $76.00 Direct
holding RTX Stock Appreciation Right 01 Mar 2022 Common Stock 11,917 $82.35 Direct
holding RTX Stock Appreciation Right 01 Mar 2022 Common Stock 6,725 $83.58 Direct
holding RTX Stock Appreciation Right 01 Mar 2022 Common Stock 7,406 $85.47 Direct
holding RTX Stock Appreciation Right 01 Mar 2022 Common Stock 40,475 $90.73 Direct
holding RTX Stock Appreciation Right 01 Mar 2022 Common Stock 58,000 $94.04 Direct F5
* 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") were awarded on November 1, 2016 in connection with the reporting person's membership in the Raytheon Technologies Corporation ("RTX") (formerly United Technologies Corporation ("UTC")) 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 2021 Form 10-K).
F2 Each RSU, including dividend equivalents that accrue during the vesting period, represents a contingent right to receive one share of RTX Common Stock.
F3 Each Savings Restoration Plan ("SRP") stock unit is the economic equivalent of one share of RTX Common Stock. The reported SRP stock units were acquired under legacy United Technologies Corporation's Savings Restoration Plan, an excess benefit plan, and are to be settled upon the reporting person's retirement or other termination of service.
F4 In February 2021, in addition to the stock appreciation rights ("SARs") and not included in this number, the reporting person was also awarded 7,285 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 ("ROIC"), earnings per share ("EPS) growth and total shareholder return ("TSR") relative to the S&P 500 and aerospace & defense peer companies. The performance period for EPS growth and ROIC is one-year, followed by a two-year holding period. Both TSR goals have a three-year performance period.
F5 In February 2022, in addition to the SARs and not included in this number, the reporting person was also awarded 19,145 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.

Remarks:

eddy-poa_02162022.txt