Peiming Zheng - 31 Jan 2025 Form 4 Insider Report for Otis Worldwide Corp (OTIS)

Signature
Toby Smith, Attorney-in-Fact
Issuer symbol
OTIS
Transactions as of
31 Jan 2025
Net transactions value
-$3,119,841
Form type
4
Filing time
04 Feb 2025, 18:09:52 UTC
Previous filing
04 Dec 2024
Next filing
05 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OTIS Common Stock Options Exercise $3,321,603 +51,965 +334% $63.92 67,535 31 Jan 2025 Direct
transaction OTIS Common Stock Disposed to Issuer $3,321,578 -34,672 -51% $95.80 32,863 31 Jan 2025 Direct
transaction OTIS Common Stock Sale $1,655,547 -17,293 -53% $95.74 15,570 31 Jan 2025 Direct F1
transaction OTIS Common Stock Sale $1,464,319 -15,401 -99% $95.08 169 31 Jan 2025 Direct F2

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 Right Disposed to Issuer $0 -51,965 -100% $0.000000 0 31 Jan 2025 Common Stock 51,965 $63.92 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 $95.72 to $95.80, 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.
F2 This is a weighted average exercise. The shares were sold in multiple transactions at prices ranging from $95.04 to $95.195, 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.