Raytheon 2014 Annual Report Download - page 35

Download and view the complete annual report

Please find page 35 of the 2014 Raytheon annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 142

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142

26
PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND
ISSUER PURCHASES OF EQUITY SECURITIES
At February 9, 2015, there were 25,718 record holders of our common stock. Our common stock is traded on the New York
Stock Exchange under the symbol “RTN”. For information concerning stock prices and dividends paid during the past two
years, see "Note 16: Quarterly Operating Results (Unaudited)" within Item 8 of this Form 10-K.
Securities Authorized for Issuance Under Equity Compensation Plans
The following table provides information about our equity compensation plans that authorize the issuance of shares of our
common stock. This information is provided as of December 31, 2014.
Plan Category
(A)
Number of securities
to be issued upon
exercise of
outstanding options,
warrants and rights(1)
(B)
Weighted average
exercise price of
outstanding options,
warrants and rights(2)
(C)
Number of securities
remaining available
for future issuance
under equity
compensation plans
(excluding securities
reflected in
column A)
Equity compensation plans approved by stockholders 2,711,044 $36.69 6,990,805
Equity compensation plans not approved by
stockholders
Total 2,711,044 $36.69 6,990,805
(1) This amount includes 2,310,766 shares, which is the aggregate of the actual number of shares that will be issued pursuant to the 2012 Long-term
Performance Plan (LTPP) awards and the maximum number of shares that may be issued upon settlement of outstanding 2013 and 2014 LTPP awards,
including estimated dividend equivalent amounts. The shares to be issued pursuant to the 2012, 2013 and 2014 LTPP awards will be issued under the
Raytheon 2010 Stock Plan (2010 Stock Plan). The material terms of the 2012, 2013 and 2014 LTPP awards are described in more detail in "Note 12:
Stock-based Compensation Plans" within Item 8 of this Form 10-K. These awards, which are granted as restricted stock units, may be settled in cash
or in stock at the discretion of the Management Development and Compensation Committee.
This amount also includes 398,778 shares that may be issued upon settlement of restricted stock units, generally issued to retirement-eligible and non-
U.S. employees. The shares to be issued in settlement of the restricted stock units will be issued under the 2010 Stock Plan. The awards of restricted
stock units generally vest one-third per year on the second, third and fourth anniversaries of the date of grant.
This amount also includes 1,500 shares issuable upon exercise of stock options granted under the Raytheon Company 1995 Stock Option Plan (1995
Stock Option Plan). The 1995 Stock Option Plan expired in March 2005 and no additional options may be granted pursuant to that plan.
(2) Since restricted stock unit awards do not have an exercise price, the weighted average exercise price does not take into account the 2012, 2013 and
2014 LTPP awards and restricted stock units generally granted to non-U.S. employees.
Stock Performance Graph
The following chart compares the total return on a cumulative basis of $100 invested in our common stock on December 31,
2009 to the Standard & Poors (S&P) 500 Stock Index and the S&P Aerospace & Defense Index.
Total Return To Stockholders
(Includes reinvestment of dividends)
Annual Return Percentage
Years Ending
Company / Index 12/31/2010 12/31/2011 12/31/2012 12/31/2013 12/31/2014
Raytheon Common Stock (8.00) 9.14 23.29 62.33 21.50
S&P 500 Index 15.06 2.11 16.00 32.39 13.69
S&P Aerospace & Defense Index 15.11 5.28 14.56 54.92 11.43