Cramer James F. 4

Accession 0001062993-23-002404

CIK 0001781335other

View on SEC.gov Company Profile

Filed

Feb 6, 7:00 PM ET

Accepted

Feb 7, 6:24 PM ET

Size

35.8 KB

Accession

0001062993-23-002404

Insider Transaction Report

Form 4

Period: 2023-02-03

Otis Worldwide CorpOTIS

Cramer James F.

President, Otis, Americas

Transactions

Exercise/Conversion
Common Stock
2023-02-04+2,107→ 5,049 total
Exercise/Conversion
Common Stock
2023-02-05+1,712→ 6,196 total
Tax Payment
Common Stock
2023-02-05$84.73/sh−459$38,891→ 5,737 total
Exercise/Conversion
Restricted Stock Units
2023-02-03−1,353→ 2,716 total
→ Common Stock (1,353 underlying)
Exercise/Conversion
Stock Appreciation Rights
2023-02-03−2,085→ 0 total
Exercise: $59.53From: 2017-01-02Exp: 2024-01-01→ Common Stock (2,085 underlying)
Exercise/Conversion
Restricted Stock Units
2023-02-04−2,107→ 0 total
→ Common Stock (2,107 underlying)
Award
Restricted Stock Units
2023-02-07+4,607→ 4,607 total
→ Common Stock (4,607 underlying)
Exercise/Conversion
Common Stock
2023-02-03+1,353→ 8,478 total
Tax Payment
Common Stock
2023-02-03$84.73/sh−394$33,384→ 8,084 total
Exercise/Conversion
Common Stock
2023-02-03$59.53/sh+2,085$124,120→ 10,169 total
Tax Payment
Common Stock
2023-02-03$84.17/sh−1,474$124,067→ 8,695 total
Exercise/Conversion
Common Stock
2023-02-03$60.88/sh+2,340$142,459→ 11,035 total
Tax Payment
Common Stock
2023-02-03$84.17/sh−1,692$142,416→ 9,343 total
Sale
Common Stock
2023-02-03$84.15/sh−1,259$105,945→ 8,084 total
Sale
Common Stock
2023-02-03$84.28/sh−5,142$433,368→ 2,942 total
Tax Payment
Common Stock
2023-02-04$84.73/sh−565$47,872→ 4,484 total
Sale
Common Stock
2023-02-06$83.97/sh−700$58,779→ 5,037 total
Exercise/Conversion
Stock Appreciation Riights
2023-02-03−2,340→ 0 total
Exercise: $60.88From: 2018-01-02Exp: 2025-01-01→ Common Stock (2,340 underlying)
Exercise/Conversion
Restricted Stock Unit
2023-02-05−1,712→ 1,571 total
→ Common Stock (1,712 underlying)
Award
Stock Appreciation Rights
2023-02-07+15,730→ 15,730 total
Exercise: $83.63Exp: 2033-02-06→ Common Stock (15,730 underlying)

Footnotes (5)

[F1]Restricted stock units (RSUs) convert into common stock on a one-for-one basis. RSUs include the right to receive dividend equivalents that are credited as additional RSUs.
[F2]On February 3, 2022, the reporting person was granted RSUs vesting in three substantially equal annual installments beginning on the first anniversary of the grant date. The first installment vested on the Transaction Date.
[F3]The reporting person was granted RSUs by our former parent on February 4, 2020. These were converted into issuer RSUs that fully vested on the Transaction Date.
[F4]On February 5, 2021, the reporting person was granted RSUs vesting in three substantially equal annual installments beginning on the first anniversary of the grant date. The second installment vested on the Transaction Date.
[F5]RSUs and stock appreciation rights vest in three substantially equal annual installments beginning on the first anniversary of the Transaction Date.

Documents

1 file

4
form4.xmlPrimary
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Issuer

Otis Worldwide Corp

CIK 0001781335

→

Entity typeother

Related Parties

filerCIK 0001816080

Filing Metadata

Form type: 4
Filed: Feb 6, 7:00 PM ET
Accepted: Feb 7, 6:24 PM ET
Size: 35.8 KB

View on SEC.gov