0001225208-24-001882.txt : 20240212
0001225208-24-001882.hdr.sgml : 20240212
20240212175644
ACCESSION NUMBER: 0001225208-24-001882
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20240208
FILED AS OF DATE: 20240212
DATE AS OF CHANGE: 20240212
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Timm Stephen J.
CENTRAL INDEX KEY: 0001803488
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-00812
FILM NUMBER: 24621711
MAIL ADDRESS:
STREET 1: 870 WINTER STREET
CITY: WALTHAM
STATE: MA
ZIP: 02451
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: RTX Corp
CENTRAL INDEX KEY: 0000101829
STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT ENGINES & ENGINE PARTS [3724]
ORGANIZATION NAME: 04 Manufacturing
IRS NUMBER: 060570975
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1000 WILSON BLVD
CITY: ARLINGTON
STATE: VA
ZIP: 22209
BUSINESS PHONE: 781-522-3000
MAIL ADDRESS:
STREET 1: 1000 WILSON BLVD
CITY: ARLINGTON
STATE: VA
ZIP: 22209
FORMER COMPANY:
FORMER CONFORMED NAME: RAYTHEON TECHNOLOGIES CORP
DATE OF NAME CHANGE: 20200406
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
4
1
doc4.xml
X0508
4
2024-02-08
0000101829
RTX Corp
RTX
0001803488
Timm Stephen J.
1000 WILSON BLVD.
ARLINGTON
VA
22209
1
President, Collins Aerospace
0
Common Stock
2024-02-08
4
A
0
41428.0000
91.0400
A
58496.0000
D
Common Stock
2024-02-08
4
M
0
9963.0000
0
A
68459.0000
D
Common Stock
2024-02-08
4
F
0
518.3100
91.0400
D
67940.6900
D
Common Stock
2024-02-08
4
F
0
2760.0000
91.0400
D
65180.6900
D
Common Stock
2024-02-08
4
F
0
9369.0000
91.0400
D
55811.6900
D
Common Stock
338.0000
I
By Savings Plan Trustee
Restricted Stock Units
2024-02-08
4
M
0
9963.0000
0.0000
D
Common Stock
9963.0000
12106.0000
D
Stock Appreciation Right
91.0400
2024-02-08
4
A
0
82400.0000
91.0400
A
2027-02-08
2034-02-07
Common Stock
82400.0000
82400.0000
D
The acquisition of shares of RTX Common Stock represents the vesting of performance share units (PSUs) awarded to the reporting person on February 8, 2021, under the RTX Long-Term Incentive Plan. Each PSU has a value equal to one share of RTX Common Stock. These PSUs vested solely upon achievement of pre-established performance goals for RTX's return on invested capital and earnings per share growth over a one-year performance period, which ended on December 31, 2021 (followed by a two-year holding period), and total shareholder return relative to the S&P 500 and aerospace & defense peer companies over a three-year performance period, which ended on December 31, 2023. The performance criteria were satisfied at the 143% level.
Time-based restricted stock units (RSUs) that represent the right to receive one share of the Issuer's Common Stock per unit.
Includes 20,195.69 deferred stock units (the net amount following tax withholding from 20,714 deferred PSUs included in the acquisition reported in the footnote above). The reporting person previously elected to defer receipt of actual shares of common stock that otherwise would be received upon the vesting of these PSUs and instead acquired deferred stock units that settle exclusively in shares and are included in Table I as common stock equivalents. Each deferred stock unit has a value equal to one share of RTX Common Stock.
Vesting of RSUs and delivery of shares with respect to the RSUs originally awarded on February 8, 2021.
This number reflects only stock appreciation rights (SARs) with these specific grant details and does not include other SARs. In addition to the SARs and not included in this number, the reporting person was also awarded 29,660 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, earnings per share growth and total shareholder return relative to the S&P 500 and aerospace & defense peer companies over a three-year performance period.
timm-poa_09082023.txt
/s/ Michelle G. Gewandter, as Attorney-In-Fact
2024-02-12
EX-24
2
timm-poa_09082023.txt
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS that the undersigned hereby constitutes and
appoints Ramsaran Maharajh, Jr., Edward G. Perrault, Richard A. Calame, Michelle
G. Gewandter and Jennifer Yahl 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 RTX 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 8 day of September, 2023.
/s/ Stephen J. Timm
Name: Stephen J. Timm