David L. Gitlin - Dec 1, 2021 Form 4 Insider Report for CARRIER GLOBAL Corp (CARR)

Role
Chairman and CEO, Director
Signature
/s/ William Langston as Attorney-in-Fact
Stock symbol
CARR
Transactions as of
Dec 1, 2021
Transactions value $
-$388,225
Form type
4
Date filed
12/3/2021, 03:18 PM
Next filing
Feb 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CARR Common Stock Options Exercise $0 +3.74K +128.27% $0.00 6.65K Dec 1, 2021 Direct F1
transaction CARR Common Stock Options Exercise $0 +3.5K +52.66% $0.00 10.2K Dec 1, 2021 Direct F1
transaction CARR Common Stock Tax liability -$188K -3.5K -34.49% $53.60 6.65K Dec 1, 2021 Direct
transaction CARR Common Stock Tax liability -$200K -3.74K -56.19% $53.60 2.92K Dec 1, 2021 Direct
holding CARR Common Stock 28K Dec 1, 2021 By GRAT
holding CARR Common Stock 279K Dec 1, 2021 By Spouse's Trust

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 -3.74K -3.73% $0.00 96.5K Dec 1, 2021 Common Stock 3.74K Direct F1, F2
transaction CARR Restricted Stock Unit RSU Options Exercise $0 -3.5K -3.73% $0.00 90.4K Dec 1, 2021 Common Stock 3.5K $16.55 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Carrier common stock.
F2 The reporting person was originally granted RSUs on Feb. 4, 2020, by United Technologies Corporation (UTC), the former parent company of the issuer. This transaction reflects a reduction in the RSUs otherwise deliverable upon future vesting in order to satisfy federal tax obligations with respect to the RSUs.
F3 The reporting person was granted RSUs on May 14, 2020. This transaction reflects a reduction in the RSUs otherwise deliverable upon future vesting in order to satisfy federal tax obligations with respect to the RSUs.