| 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 | -10.2K | -49.98% | $0.00 | 10.2K | Feb 3, 2024 | Common Stock | 10.2K | Direct | F1, F2 | |
| transaction | OTIS | Restricted Stock Units | Options Exercise | $0 | -11.4K | -100% | $0.00* | 0 | Feb 5, 2024 | Common Stock | 11.4K | Direct | F1, F3 |
| Id | Content |
|---|---|
| F1 | Restricted stock units (RSUs) convert into common stock on a one-for-one basis. RSUs include the right to receive dividend equivalents that are credited as additional RSUs. |
| F2 | On February 3, 2022, the reporting person was granted RSUs vesting in three substantially equal annual installments beginning on the first anniversary of the grant date. The second installment vested on the Transaction Date. |
| F3 | On February 5, 2021, the reporting person was granted RSUs vesting in three substantially equal annual installments beginning on the first anniversary of the grant date. The last installment vested on the Transaction Date. |
| F4 | On August 10, 2023, the reporting person established a grantor retained annuity trust (GRAT) and contributed 22,500 of shares of the Issuer's common stock to it. The reporting person is the sole trustee and annuitant of the GRAT, which is scheduled to expire in accordance with its terms on August 10, 2025. |