Fernandez Bernardo Calleja - Jul 28, 2023 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, 2023
Transactions value $
-$361,944
Form type
4
Date filed
7/28/2023, 06:08 PM
Previous filing
Jul 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OTIS Common Stock Options Exercise $130K +2.21K +6.82% $58.66 34.7K Jul 28, 2023 Direct
transaction OTIS Common Stock Options Exercise $647K +9.54K +27.52% $67.83 44.2K Jul 28, 2023 Direct
transaction OTIS Common Stock Options Exercise $1.34M +21K +47.44% $63.92 65.2K Jul 28, 2023 Direct
transaction OTIS Common Stock Options Exercise $940K +14.7K +22.57% $63.93 79.9K Jul 28, 2023 Direct
transaction OTIS Common Stock Tax liability -$3.06M -33.8K -42.31% $90.46 46.1K Jul 28, 2023 Direct
transaction OTIS Common Stock Sale -$362K -3.99K -8.66% $90.70 42.1K Jul 28, 2023 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 Stock Appreciation Rights Options Exercise $0 -2.21K -100% $0.00* 0 Jul 28, 2023 Common Stock 2.21K $58.66 Direct
transaction OTIS Stock Appreciation Rights Options Exercise $0 -9.54K -100% $0.00* 0 Jul 28, 2023 Common Stock 9.54K $67.83 Direct
transaction OTIS Stock Appreciation Options Exercise $0 -21K -100% $0.00* 0 Jul 28, 2023 Common Stock 21K $63.92 Direct
transaction OTIS Stock Appreciation Options Exercise $0 -14.7K -66.67% $0.00 7.36K Jul 28, 2023 Common Stock 14.7K $63.93 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The SARs become exercisable in three equal installments on the first three anniversaries of the date of grant, which was 02/05/2021.