Fernandez Bernardo Calleja - Jul 28, 2021 Form 4 Insider Report for Otis Worldwide Corp (OTIS)

Role: President, Otis EMEA
Signature: Joshua Mullin, Attorney-in-Fact
Stock symbol: OTIS
Transactions as of: Jul 28, 2021
Transactions value $: -$140,169
Form type: 4
Date filed: 7/30/2021, 04:16 PM
Next filing: Feb 7, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OTIS	Common Stock	Options Exercise	$144K	+3.23K	+44.59%	$44.46	10.5K	Jul 28, 2021	Direct
transaction	OTIS	Common Stock	Tax liability	-$144K	-1.64K	-15.61%	$87.80	8.85K	Jul 28, 2021	Direct
transaction	OTIS	Common Stock	Sale	-$140K	-1.6K	-18.05%	$87.80	7.25K	Jul 28, 2021	Direct	F1

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	OTIS	Stock Appreciation Rights	Options Exercise	$0	-3.23K	-100%	$0.00^*	0	Jul 28, 2021	Common Stock	3.23K	$44.46	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.801 to $87.83, inclusive. The reporting person undertakes to provide the registrant, any security holder of the registrant, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.801 to $87.83, inclusive. The reporting person undertakes to provide the registrant, any security holder of the registrant, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above.