Robert O. Work - Apr 25, 2022 Form 4 Insider Report for RAYTHEON TECHNOLOGIES CORP (RTX)

Role
Director
Signature
/s/ Dana Ng as Attorney-In-Fact
Stock symbol
RTX
Transactions as of
Apr 25, 2022
Transactions value $
$219,000
Form type
4
Date filed
4/27/2022, 05:05 PM
Next filing
May 4, 2023

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 Phantom Stock Unit Award $219K +2.2K +27.79% $99.61 10.1K Apr 25, 2022 Common Stock 2.2K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person acquired these stock units under the Raytheon Technologies Corporation Board of Directors Deferred Stock Unit Plan (the "Plan") in connection with the reporting person's annual compensation for service as a non-employee director. The Plan provides for payment of a portion or all of the annual compensation in deferred stock units. Upon retirement or termination, the deferred stock units in the director's account under the Plan are converted into an equal number of shares of common stock that, at the director's previous election, are distributed either in a lump-sum or in installments.