Wesley D. Kremer - Feb 8, 2023 Form 4 Insider Report for RAYTHEON TECHNOLOGIES CORP (RTX)

Role: President, RMD
Signature: /s/ Michelle G. Gewandter, as Attorney-In-Fact
Stock symbol: RTX
Transactions as of: Feb 8, 2023
Transactions value $: $5,536,755
Form type: 4
Date filed: 2/10/2023, 04:07 PM
Previous filing: Jan 31, 2023
Next filing: Mar 22, 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	Stock Appreciation Right	Award	$5.54M	+56.7K		$97.65	56.7K	Feb 8, 2023	Common Stock	56.7K	$97.65	Direct	F1

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

Explanation of Responses:

Id	Content
F1	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 21,510 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

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 21,510 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.