Kennedy Thomas A Form 4 RAYTHEON TECHNOLOGIES / Thomas A Kennedy ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Kennedy Thomas A

(Last)

(First)

(Middle)

870 WINTER STREET

(Street)

WALTHAM

02451

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
RAYTHEON TECHNOLOGIES CORP [ RTX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Executive Chairman

3. Date of Earliest Transaction (Month/Day/Year)
09/14/2020

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	09/14/2020		M		4,181	A	$0⁽¹⁾	347,663	D
Common Stock	09/14/2020		M		3,982	A	$0⁽¹⁾	351,645	D
Common Stock	09/14/2020		M		2,745	A	$0⁽¹⁾	354,390	D
Common Stock	09/14/2020		M		2,622	A	$0⁽¹⁾	357,012	D
Common Stock	09/14/2020		F		2,622	D	$61.97	354,390	D
Common Stock	09/14/2020		F		2,745	D	$61.97	351,645	D
Common Stock	09/14/2020		F		3,982	D	$61.97	347,663	D
Common Stock	09/14/2020		F		4,181	D	$61.97	343,482	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	09/14/2020		M			2,622	⁽²⁾	⁽²⁾	Common Stock	2,622	$0.0000	415,719	D
Restricted Stock Units	⁽¹⁾	09/14/2020		M			2,745	⁽³⁾	⁽³⁾	Common Stock	2,745	$0.0000	412,974	D
Restricted Stock Units	⁽¹⁾	09/14/2020		M			3,982	⁽⁴⁾	⁽⁴⁾	Common Stock	3,982	$0.0000	408,992	D
Restricted Stock Units	⁽¹⁾	09/14/2020		M			4,181	⁽⁵⁾	⁽⁵⁾	Common Stock	4,181	$0.0000	404,811	D

Explanation of Responses:

1. Time-based restricted stock units (RSUs) that represent the right to receive one share of the Issuer's Common Stock per unit.

2. Vesting of RSUs and delivery of shares to satisfy federal tax obligations 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 (LTPP).

3. Vesting of RSUs and delivery of shares to satisfy federal tax obligations with respect to the RSUs that were converted from Raytheon Company RSUs originally awarded on March 25, 2020.

4. Vesting of RSUs and delivery of shares to satisfy federal tax obligations with respect to the RSUs that were converted from Raytheon Company performance-based vesting RSUs originally granted on January 30, 2019 under the 2019-2021 LTPP.

5. Vesting of RSUs and delivery of shares to satisfy federal tax obligations with respect to the RSUs that were converted from Raytheon Company performance-based vesting RSUs originally granted on January 24, 2018 under the 2018-2020 LTPP.

	/s/ Dana Ng as Attorney-In-Fact	09/16/2020
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Kennedy Thomas A Form 4RAYTHEON TECHNOLOGIES / Thomas A Kennedy ownership change