James F. Cramer - Nov 30, 2021 Form 4 Insider Report for Otis Worldwide Corp (OTIS)

Role: President, Otis Americas
Signature: Joshua Mullin, Attorney-in-Fact
Stock symbol: OTIS
Transactions as of: Nov 30, 2021
Transactions value $: $0
Form type: 4
Date filed: 12/2/2021, 02:33 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	$6.99K	+87	+2.32%	$80.40	3.84K	Nov 30, 2021	Direct
transaction	OTIS	Common Stock	Tax liability	-$6.99K	-87	-2.26%	$80.40	3.76K	Nov 30, 2021	Direct

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	Restricted Stock Units	Options Exercise	$0	-87	-4.03%	$0.00	2.07K	Nov 30, 2021	Common Stock	87	$0.00	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of common stock from the issuer.
F2	The reporting person was originally granted restricted stock units by UTC, the former parent company of the issuer. This transaction reflects a reduction in the RSUs otherwise deliverable upon future vesting in order to satisfy FICA taxes that are due because the reporting person qualifies for retirement treatment under the award. These RSUs accrue dividend equivalents.