Peiming Zheng - Dec 15, 2021 Form 4 Insider Report for Otis Worldwide Corp (OTIS)

Role
President, Otis China
Signature
Joshua Mullin, Attorney-in-Fact
Stock symbol
OTIS
Transactions as of
Dec 15, 2021
Transactions value $
$366,769
Form type
4
Date filed
12/16/2021, 04:02 PM
Previous filing
Dec 2, 2021
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 $684K +8.05K +4763.31% $84.92 8.22K Dec 15, 2021 Direct
transaction OTIS Common Stock Tax liability -$317K -3.73K -45.39% $84.92 4.49K Dec 15, 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 -8.05K -100% $0.00* 0 Dec 15, 2021 Common Stock 8.05K $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 RSUs by our former parent company on December 15, 2017. These RSUs, which accumulated dividend equivalents, have now fully vested.