Peiming Zheng - 07 May 2024 Form 4 Insider Report for Otis Worldwide Corp (OTIS)

Role
EVP, Chief Product, Delivery
Signature
Joshua Mullin, Attorney-in-Fact
Issuer symbol
OTIS
Transactions as of
07 May 2024
Net transactions value
-$2,844,543
Form type
4
Filing time
08 May 2024, 17:16:32 UTC
Previous filing
04 Mar 2024
Next filing
04 Dec 2024
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 $287,597 +4,724 +14% $60.88 37,366 07 May 2024 Direct
transaction OTIS Common Stock Options Exercise $398,267 +7,874 +21% $50.58 45,240 07 May 2024 Direct
transaction OTIS Common Stock Options Exercise $262,152 +4,469 +9.9% $58.66 49,709 07 May 2024 Direct
transaction OTIS Common Stock Options Exercise $1,602,145 +23,620 +48% $67.83 73,329 07 May 2024 Direct
transaction OTIS Common Stock Tax liability $2,550,021 -27,125 -37% $94.01 46,204 07 May 2024 Direct
transaction OTIS Common Stock Sale $2,844,682 -30,364 -66% $93.69 15,570 07 May 2024 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 Disposed to Issuer $0 -4,724 -100% $0.000000* 0 07 May 2024 Common Stock 4,724 $60.88 Direct
transaction OTIS Stock Appreciation Rights Disposed to Issuer $0 -7,874 -100% $0.000000* 0 07 May 2024 Common Stock 7,874 $50.58 Direct
transaction OTIS Stock Appreciation Right Disposed to Issuer $0 -4,469 -100% $0.000000* 0 07 May 2024 Common Stock 4,469 $58.66 Direct
transaction OTIS Stock Appreciation Rights Disposed to Issuer $0 -23,620 -100% $0.000000* 0 07 May 2024 Common Stock 23,620 $67.83 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This is a weighted average exercise. The shares were sold in multiple transactions at prices ranging from $93.57 to $93.955, 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 range set forth above.