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

Role: President, Otis China
Signature: Joshua Mullin, Attorney-in-Fact
Issuer symbol: OTIS
Transactions as of: 15 Dec 2021
Net transactions value: +$366,769
Form type: 4
Filing time: 16 Dec 2021, 16:02:21 UTC
Previous filing: 02 Dec 2021
Next filing: 07 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OTIS	Common Stock	Options Exercise	$683,606	+8,050	+4763%	$84.92	8,219	15 Dec 2021	Direct
transaction	OTIS	Common Stock	Tax liability	$316,837	-3,731	-45%	$84.92	4,488	15 Dec 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	-8,050	-100%	$0.000000^*	0	15 Dec 2021	Common Stock	8,050	$0.000000	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.