0001225208-19-002447.txt : 20190213
0001225208-19-002447.hdr.sgml : 20190213
20190213163554
ACCESSION NUMBER: 0001225208-19-002447
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190211
FILED AS OF DATE: 20190213
DATE AS OF CHANGE: 20190213
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HAYES GREGORY
CENTRAL INDEX KEY: 0001225946
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-00812
FILM NUMBER: 19597930
MAIL ADDRESS:
STREET 1: 10 FARM SPRINGS ROAD
CITY: FARMINGTON
STATE: CT
ZIP: 06032
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: UNITED TECHNOLOGIES CORP /DE/
CENTRAL INDEX KEY: 0000101829
STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT ENGINES & ENGINE PARTS [3724]
IRS NUMBER: 060570975
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 10 FARM SPRINGS ROAD
CITY: FARMINGTON
STATE: CT
ZIP: 06032
BUSINESS PHONE: 8607287000
MAIL ADDRESS:
STREET 1: 10 FARM SPRINGS ROAD
CITY: FARMINGTON
STATE: CT
ZIP: 06032
FORMER COMPANY:
FORMER CONFORMED NAME: UNITED TECHNOLOGIES MICROELECTRONICS CENTER
DATE OF NAME CHANGE: 19850825
FORMER COMPANY:
FORMER CONFORMED NAME: UNITED TECHNOLOGIES CORP
DATE OF NAME CHANGE: 19841205
4
1
doc4.xml
X0306
4
2019-02-11
0000101829
UNITED TECHNOLOGIES CORP /DE/
UTX
0001225946
HAYES GREGORY
10 FARM SPRINGS ROAD
FARMINGTON
CT
06032
1
1
Chairman, President and CEO
Common Stock
2019-02-11
4
A
0
61480.0000
122.7200
A
170446.0000
D
Common Stock
2019-02-11
4
F
0
27335.0000
122.7200
D
143111.0000
D
Common Stock
2019-02-12
4
M
0
86000.0000
71.6300
A
229111.0000
D
Common Stock
2019-02-12
4
S
0
35942.0000
123.8131
D
193169.0000
D
Common Stock
2019-02-12
4
D
0
50058.0000
123.0600
D
143111.0000
D
Common Stock
164.0000
I
By Children's Trust Accounts
Common Stock
5184.0000
I
By Savings Plan Trustee
Common Stock
874.0000
I
By Spouse
Common Stock
1303.0000
I
By Spouse's Savings Plan Account
Stock Appreciation Right
71.6300
2019-02-12
4
M
0
86000.0000
0.0000
D
2013-01-04
2020-01-03
Common Stock
86000.0000
0.0000
D
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.
/s/ Ariel R. David as Attorney-in-Fact
2019-02-13