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

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.