Jurgen Timperman - 01 Oct 2021 Form 4 Insider Report for CARRIER GLOBAL Corp (CARR)

Role: President, Fire & Security
Signature: /s/ William Langston as Attorney-in-Fact
Issuer symbol: CARR
Transactions as of: 01 Oct 2021
Net transactions value: -$679,012
Form type: 4
Filing time: 05 Oct 2021, 16:48:09 UTC
Next filing: 16 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CARR	Common Stock	Options Exercise	$0	+5,715		$0.000000	5,715	01 Oct 2021	Direct	F1
transaction	CARR	Common Stock	Tax liability	$117,983	-2,249	-39%	$52.46	3,466	01 Oct 2021	Direct
transaction	CARR	Common Stock	Options Exercise	$0	+27,244	+786%	$0.000000	30,710	02 Oct 2021	Direct	F1
transaction	CARR	Common Stock	Tax liability	$561,030	-10,721	-35%	$52.33	19,989	02 Oct 2021	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	CARR	Restricted Stock Unit RSU	Options Exercise	$0	-5,715	-100%	$0.000000^*	0	01 Oct 2021	Common Stock	5,715		Direct	F1, F2
transaction	CARR	Restricted Stock Unit RSU	Options Exercise	$0	-27,244	-100%	$0.000000^*	0	02 Oct 2021	Common Stock	27,244		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 convert into common stock on a one-for-one basis.
F2	Each Restricted Stock Unit (RSU), including dividend equivalents that accrue during the vesting period, represents a contingent right to receive one share of Carrier Global Corporation common stock. The RSUs vest contingent upon the reporting person's continued employment at the conclusion of the vesting period.