United Technologies Corporation
UNITED TECHNOLOGIES CORP /DE/ (Form: 3, Received: 09/20/2013 17:04:51)
FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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

1. Name and Address of Reporting Person *

Adams Paul R.

2. Date of Event Requiring Statement (MM/DD/YYYY)
9/12/2013 

3. Issuer Name and Ticker or Trading Symbol

UNITED TECHNOLOGIES CORP /DE/ [UTX]

(Last)        (First)        (Middle)

ONE FINANCIAL PLAZA

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

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
COO, Pratt & Whitney /

(Street)

HARTFORD, CT 06101       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock   22.0000   D    
Common Stock   2400.0000   I   By Savings Plan Trustee  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy)   1/3/2008   1/2/2015   Common Stock   15300.0000   $51.5000   D    
Restricted Stock Units     (1)   (1) Common Stock   12289.6813     (1) D    
SRP Stock Unit     (2)   (2) Common Stock   853.6491     (2) D    
Stock Appreciation Right   1/2/2012   1/1/2019   Common Stock   22000.0000   $54.9500   D    
Stock Appreciation Right   1/3/2009   1/2/2016   Common Stock   10300.0000   $56.5300   D    
Stock Appreciation Right   1/3/2010   1/2/2017   Common Stock   11400.0000   $62.8100   D    
Stock Appreciation Right   1/4/2013   1/3/2020   Common Stock   16000.0000   $71.6300   D    
Stock Appreciation Right   1/3/2015   1/2/2022   Common Stock   25500.0000   (3) $74.6600   D    
Stock Appreciation Right   1/2/2011   1/1/2018   Common Stock   11300.0000   $75.2100   D    
Stock Appreciation Right   1/3/2014   1/2/2021   Common Stock   18500.0000   (4) $78.9900   D    
Stock Appreciation Right     (5) 1/1/2023   Common Stock   77440.0000   $79.0600   D    
Stock Appreciation Right   1/2/2016   1/1/2023   Common Stock   33000.0000   (6) $84.0000   D    

Explanation of Responses:
( 1)  The restricted stock units vest on retirement from UTC on or after age 62 with a minimum of three years of service as a member of UTC's Executive Leadership Group. Each restricted stock unit represents a contingent right to receive one share of United Technologies Corporation Common Stock.
( 2)  Each Savings Restoration Plan ("SRP") stock unit is the economic equivalent of one share of UTC common stock. The reported SRP stock units were acquired under UTC's Savings Restoration Plan, an excess benefit plan, and are to be settled upon the reporting person's retirement or other termination of service.
( 3)  The reporting person was also awarded 6,800 performance share units (PSUs) under the UTC 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 earnings per share and total shareholder return over a three year time period.
( 4)  The reporting person was also awarded 4,800 performance share units (PSUs) under the UTC 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 earnings per share and total shareholder return over a three year time period.
( 5)  50% of the stock appreciation rights become exercisable on 12/31/2014 and 50% of the stock appreciation rights become exercisable on 12/31/2016, each subject to achievement of pre-established Pratt & Whitney earnings and other financial targets.
( 6)  The reporting person was also awarded 8,000 performance share units (PSUs) under the UTC 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 earnings per share and total shareholder return over a three year time period.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Adams Paul R.
ONE FINANCIAL PLAZA
HARTFORD, CT 06101


COO, Pratt & Whitney

Signatures
/s/ Charles F. Hildebrand as Attorney-in-Fact 9/20/2013
** 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 5(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).
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