Wesley D. Kremer - 29 Jan 2023 Form 4 Insider Report for RAYTHEON TECHNOLOGIES CORP (RTX)

Signature
/s/ Michelle G. Gewandter, as Attorney-In-Fact
Issuer symbol
RTX
Transactions as of
29 Jan 2023
Net transactions value
-$488,220
Form type
4
Filing time
31 Jan 2023, 16:05:13 UTC
Previous filing
05 Oct 2022
Next filing
10 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RTX Common Stock Options Exercise $0 +15,373 +23% $0.000000 82,389 29 Jan 2023 Direct F1
transaction RTX Common Stock Tax liability $488,220 -4,946 -6% $98.71 77,443 30 Jan 2023 Direct

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 Restricted Stock Units Options Exercise $0 -15,373 -29% $0.000000 38,432 29 Jan 2023 Common Stock 15,373 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Time-based restricted stock units (RSUs) that represent the right to receive one share of the Issuer's Common Stock per unit.
F2 Vesting of RSUs and delivery of shares with respect to the RSUs that were converted from Raytheon Company performance-based vesting RSUs originally granted on January 29, 2020 under the 2020-2022 Long-Term Performance Plan.