Nora E. LaFreniere - Jul 29, 2022 Form 4 Insider Report for Otis Worldwide Corp (OTIS)

Role
EVP, General Counsel
Signature
Joshua Mullin, Attorney-in-Fact
Stock symbol
OTIS
Transactions as of
Jul 29, 2022
Transactions value $
-$1,039,103
Form type
4
Date filed
8/1/2022, 05:39 PM
Previous filing
Feb 7, 2022
Next filing
Nov 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OTIS Common Stock Options Exercise $238K +5.36K +22.62% $44.46 29.1K Jul 29, 2022 Direct
transaction OTIS Common Stock Tax liability -$238K -3.12K -10.73% $76.45 26K Jul 29, 2022 Direct
transaction OTIS Common Stock Sale -$1.04M -13.6K -52.31% $76.54 12.4K Jul 29, 2022 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 -5.36K -100% $0.00* 0 Jul 29, 2022 Common Stock 5.36K $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 $76.40 to $76.58, 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.