Tracy A. Embree - 04 Feb 2025 Form 4 Insider Report for Otis Worldwide Corp (OTIS)

Signature
Toby Smith, Attorney-in-Fact
Issuer symbol
OTIS
Transactions as of
04 Feb 2025
Net transactions value
$0
Form type
4
Filing time
05 Feb 2025, 20:25:21 UTC
Previous filing
04 Nov 2024
Next filing
10 Feb 2025

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 Restricted Stock Units Award $0 +10,650 $0.000000 10,650 04 Feb 2025 Common Stock 10,650 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 RSUs vest in three substantially equal annual installments beginning on the first anniversary of the Transaction Date.