X0306 4 2016-02-08 0000101829 UNITED TECHNOLOGIES CORP /DE/ UTX 0001347950 Reynolds Fredric G 10 FARM SPRINGS ROAD FARMINGTON CT 06032 1 Common Stock 13225.0000 D Phantom Stock Unit 2016-02-08 4 A 0 103.7105 86.7800 A Common Stock 103.7105 982.6474 D The units are Deferred Stock Units ("DSUs") awarded under the Directors' Deferred Stock Unit Plan (the "Plan"). DSUs convert into shares of Common Stock on a one-for-one basis. The DSUs were awarded to the reporting person following his appointment by the Board of Directors to serve as a member of the Audit Committee, consistent with the provisions of the Plan. Upon termination of service on the Board of Directors, all such DSUs are payable in cash as a lump sum or in installments, at the election of the director. /s/ Charles F. Hildebrand as Attorney-in-Fact 2016-02-16