Jurgen Timperman - 05 Feb 2022 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: 05 Feb 2022
Net transactions value: -$482,420
Form type: 4
Filing time: 08 Feb 2022, 17:42:58 UTC
Previous filing: 04 Feb 2022
Next filing: 16 Jun 2022
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	+34,301	+343%	$0.000000	44,296	05 Feb 2022	Direct	F1
transaction	CARR	Common Stock	Tax liability	$482,420	-10,524	-24%	$45.84	33,772	05 Feb 2022	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	RSU P	Options Exercise	$0	-34,301	-100%	$0.000000^*	0	05 Feb 2022	Common Stock	34,301		Direct	F1, F2

* 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), 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.
F2	The reporting person was originally granted Performance Stock Units (PSUs) on February 5, 2019, by United Technologies Corporation (UTC), the former parent company of the issuer. These PSUs were converted to RSUs in connection with the spin-off of the issuer by UTC.