Christopher John Nelson - 04 Feb 2023 Form 4 Insider Report for CARRIER GLOBAL Corp (CARR)

Role: President, HVAC
Signature: /s/ William Langston as Attorney-in-Fact
Issuer symbol: CARR
Transactions as of: 04 Feb 2023
Transactions value $: -$514,852
Form type: 4
Filing time: 07 Feb 2023, 15:11:42
Previous filing: 03 Feb 2023
Next filing: 14 Feb 2023
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	+33.3K	+44.45%	$0.00	108K	04 Feb 2023	Direct	F1
transaction	CARR	Common Stock	Tax liability	-$515K	-11K	-10.15%	$46.89	97.2K	04 Feb 2023	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	-33.3K	-100%	$0.00^*	0	04 Feb 2023	Common Stock	33.3K		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 RSUs on February 4, 2020 by United Technologies Corporation (UTC), the former parent company of the Issuer. These RSUs were converted into RSUs of the Issuer in connection with the spin-off of the Issuer by UTC.