0001225208-21-006801.txt : 20210416 0001225208-21-006801.hdr.sgml : 20210416 20210416130151 ACCESSION NUMBER: 0001225208-21-006801 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210407 FILED AS OF DATE: 20210416 DATE AS OF CHANGE: 20210416 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mitchill Neil G. JR CENTRAL INDEX KEY: 0001633746 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-00812 FILM NUMBER: 21830752 MAIL ADDRESS: STREET 1: UNITED TECHNOLOGIES CORPORATION STREET 2: 10 FARM SPRINGS ROAD CITY: FARMINGTON STATE: CT ZIP: 06032 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: RAYTHEON TECHNOLOGIES CORP 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: 870 WINTER STREET CITY: WALTHAM STATE: MA ZIP: 02451 BUSINESS PHONE: 781-522-3000 MAIL ADDRESS: STREET 1: 870 WINTER STREET CITY: WALTHAM STATE: MA ZIP: 02451 FORMER COMPANY: FORMER CONFORMED NAME: UNITED TECHNOLOGIES CORP /DE/ DATE OF NAME CHANGE: 19920703 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 3 1 doc3.xml X0206 3 2021-04-07 0 0000101829 RAYTHEON TECHNOLOGIES CORP RTX 0001633746 Mitchill Neil G. JR 870 WINTER STREET WALTHAM MA 02451 1 Chief Financial Officer Common Stock 14613.0000 D Common Stock 890.0000 I By Savings Plan Trustee Restricted Stock Units Common Stock 16854.0000 D Restricted Stock Units 2023-02-04 Common Stock 9769.0000 D Restricted Stock Units 2022-02-05 Common Stock 14777.0000 D Restricted Stock Units 2024-02-08 Common Stock 8330.0000 D SRP Stock Unit Common Stock 2291.0069 D Stock Appreciation Right 71.0100 2019-01-04 2026-01-03 Common Stock 11236.0000 D Stock Appreciation Right 71.6200 2022-02-05 2029-02-04 Common Stock 46377.0000 D Stock Appreciation Right 72.4900 2024-02-08 2031-02-07 Common Stock 18900.0000 D Stock Appreciation Right 76.0000 2021-01-02 2028-01-01 Common Stock 19394.0000 D Stock Appreciation Right 81.0200 2017-09-02 2024-09-01 Common Stock 9023.0000 D Stock Appreciation Right 82.3500 2020-01-03 2027-01-02 Common Stock 8938.0000 D Stock Appreciation Right 85.4700 2018-01-02 2025-01-01 Common Stock 5873.0000 D Stock Appreciation Right 90.7300 2023-02-04 2030-02-03 Common Stock 52280.0000 D These Restricted Stock Units ("RSUs") were awarded on February 13, 2017 in connection with the reporting person's membership in the Raytheon Technologies Corporation ("RTX") (formerly United Technologies Corporation ("UTC")) Executive Leadership Group ("ELG"). Following three years of ELG service, each RSU, including accumulated dividend equivalents, represents a right to receive one share of RTX Common Stock upon a Qualifying Separation from RTX (as defined in Exhibit 10.6 of UTC's 2018 Form 10-K). Each RSU, including dividend equivalents that accrue during the vesting period, represents a contingent right to receive one share of RTX Common Stock. Each Savings Restoration Plan ("SRP") stock unit is the economic equivalent of one share of RTX common stock. The reported SRP stock units were acquired under legacy United Technologies Corporation's Savings Restoration Plan, an excess benefit plan, and are to be settled upon the reporting person's retirement or other termination of service. In February 2019, in addition to the stock appreciation rights ("SARs") and not included in this number, the reporting person was also awarded performance share units ("PSUs") under the legacy United Technologies Corporation Long-Term Incentive Plan. Following the separation of Otis Worldwide Corporation and Carrier Global Corporation from United Technologies Corporation ("UTC") on April 3, 2020 (after which UTC completed its merger of equals with Raytheon Company to form RTX), these PSUs were converted to RSUs and relate to 10,287 shares of RTX Common Stock. Each RSU represents the right to receive one share of RTX Common Stock. In February 2021, in addition to the SARs and not included in this number, the reporting person was also awarded 8,280 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 ("ROIC"), earnings per share ("EPS") growth and total shareholder return ("TSR") relative to the S&P 500 and aerospace & defense peer companies. The performance period for EPS growth and ROIC is one-year, followed by a two-year holding period. Both TSR goals have a three-year performance period. mitchill-poa_04142021.txt /s/ Dana Ng as Attorney-In-Fact 2021-04-16 EX-24 2 mitchill-poa_04142021.txt POWER OF ATTORNEY KNOW ALL PERSONS BY THESE PRESENTS that the undersigned hereby constitutes and appoints Frank R. Jimenez, Dana Ng, James G. Marchetti, Richard A. Calame and Michelle G. Gewandter to be his or her true and lawful attorney-in-fact and agent to execute and file for and on behalf of the undersigned (i) any reports on Forms 3, 4, 5 and, if applicable, 144 (including any amendments thereto and any successors to such Forms) with respect to ownership of securities of Raytheon Technologies Corporation (the "Company") that the undersigned may be required to file with the Securities and Exchange Commission in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder and/or Rule 144 under the Securities Act of 1933, and (ii) as necessary, any other documents necessary or appropriate to obtain codes and passwords enabling the undersigned to file such reports electronically. The undersigned acknowledges that the foregoing attorney-in-fact, in serving in such capacity at the request of the undersigned, is not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934 and/or Rule 144 under the Securities Act of 1933. This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, 5 and, if applicable, 144 with respect to the undersigned's holdings and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorney-in-fact. This Power of Attorney also serves to revoke and replace as of the date hereof, any prior Power of Attorney executed by the undersigned with respect to the ownership of securities of the Company. IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 14th day of April, 2021. /s/ Neil G. Mitchill, Jr. Name: Neil G. Mitchill, Jr.