Filing Details
- Accession Number:
- 0001225208-19-002447
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-02-13 16:35:54
- Reporting Period:
- 2019-02-11
- Accepted Time:
- 2019-02-13 16:35:54
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 101829 | United Technologies Corp | UTX | Aircraft Engines & Engine Parts (3724) | 060570975 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1225946 | Gregory Hayes | 10 Farm Springs Road Farmington CT 06032 | Chairman, President And Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2019-02-11 | 61,480 | $122.72 | 170,446 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2019-02-11 | 27,335 | $122.72 | 143,111 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2019-02-12 | 86,000 | $71.63 | 229,111 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2019-02-12 | 35,942 | $123.81 | 193,169 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2019-02-12 | 50,058 | $123.06 | 143,111 | No | 4 | D | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | D | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Appreciation Right | Disposition | 2019-02-12 | 86,000 | $0.00 | 86,000 | $71.63 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2013-01-04 | 2020-01-03 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 164 | Indirect | By Children's Trust Accounts |
| Common Stock | 5,184 | Indirect | By Savings Plan Trustee |
| Common Stock | 874 | Indirect | By Spouse |
| Common Stock | 1,303 | Indirect | By Spouse's Savings Plan Account |
Footnotes
- The acquisition of shares of UTC common stock represents the vesting of performance share units (PSUs) previously awarded on January 4, 2016 to the reporting person under the United Technologies Corporation Long-Term Incentive Plan. Each PSU has a value equal to one share of UTC Common Stock. These PSUs vest solely upon achievement of pre-established performance targets for UTC's return on invested capital, earnings per share growth and total shareholder return relative to the S&P 500 index over a three-year time period. The performance criteria were satisfied at the 116% level.
- The Stock Appreciation Rights (SARs) were settled in shares in accordance with 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.
- The price reported in Column 4 is a weighted average price for shares sold in multiple transactions. The sale prices range from $123.00 to $124.30 per share. The reporting person has provided to the issuer, and undertakes to provide to the Commission staff or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
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