Jurgen Timperman - Jul 31, 2023 Form 4 Insider Report for CARRIER GLOBAL Corp (CARR)

Role
President, Fire & Security
Signature
/s/ Erin O'Neal as Attorney-in-Fact
Stock symbol
CARR
Transactions as of
Jul 31, 2023
Transactions value $
-$11,697,094
Form type
4
Date filed
7/31/2023, 09:38 PM
Previous filing
Jun 9, 2023
Next filing
Feb 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CARR Common Stock Options Exercise $2.85M +136K $20.95 136K Jul 31, 2023 Direct F1
transaction CARR Common Stock Disposed to Issuer -$733K -12.4K -9.13% $59.05 124K Jul 31, 2023 Direct
transaction CARR Common Stock Disposed to Issuer -$733K -12.4K -10.03% $59.12 111K Jul 31, 2023 Direct
transaction CARR Common Stock Disposed to Issuer -$1.38M -23.4K -21.03% $59.14 87.8K Jul 31, 2023 Direct
transaction CARR Common Stock Sale -$5.19M -87.8K -100% $59.14 0 Jul 31, 2023 Direct F2
transaction CARR Common Stock Options Exercise $3.44M +135K $25.58 135K Jul 31, 2023 Direct F1
transaction CARR Common Stock Disposed to Issuer -$1.73M -29.1K -21.65% $59.34 105K Jul 31, 2023 Direct
transaction CARR Common Stock Disposed to Issuer -$844K -14.2K -13.48% $59.40 91.2K Jul 31, 2023 Direct
transaction CARR Common Stock Disposed to Issuer -$870K -14.6K -16.01% $59.53 76.6K Jul 31, 2023 Direct
transaction CARR Common Stock Sale -$4.55M -76.6K -100% $59.38 0 Jul 31, 2023 Direct F3
transaction CARR Common Stock Sale -$1.95M -33K -83.03% $59.20 6.75K Jul 31, 2023 By Family Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CARR Stock Appreciation Right Options Exercise $0 -136K -100% $0.00* 0 Jul 31, 2023 Common Stock 136K $20.95 Direct
transaction CARR Stock Appreciation Right Options Exercise $0 -135K -100% $0.00* 0 Jul 31, 2023 Common Stock 135K $25.58 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Stock Appreciation Rights (SARs) were settled in shares in accordance with terms of the award. For Section 16 reporting purposes, the exercise of SARs for stock is treated as an exempt acquisition of the shares underlying the SARs at the exercise price per share specified in the award of SARs and a simultaneous sale back to the issuer of a number of the underlying shares having a value, based on the market price of the issuer's stock on the date of the exercise, equal to the product of the number of underlying SARs times the exercise price per share.
F2 The price reported in Column 4 is a weighted average price for shares sold in multiple transactions. The sale prices range from $59.070 to $59.225 per share. The reporting person has provided to the issuer, and undertakes to provide to the Commission staff or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
F3 The price reported in Column 4 is a weighted average price for shares sold in multiple transactions. The sale prices range from $59.31 to $59.52 per share. The reporting person has provided to the issuer, and undertakes to provide to the Commission staff or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.