Kyle Crockett - Feb 3, 2023 Form 4 Insider Report for CARRIER GLOBAL Corp (CARR)

Role
Vice President, Controller
Signature
/s/ William Langston as Attorney-in-Fact
Stock symbol
CARR
Transactions as of
Feb 3, 2023
Transactions value $
-$165,287
Form type
4
Date filed
2/7/2023, 03:11 PM
Previous filing
Feb 3, 2023
Next filing
Feb 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CARR Common Stock Options Exercise $0 +5.11K +21283.33% $0.00 5.13K Feb 3, 2023 Direct F1
transaction CARR Common Stock Tax liability -$64.5K -1.38K -26.79% $46.89 3.76K Feb 3, 2023 Direct
transaction CARR Common Stock Options Exercise $0 +8.83K +234.92% $0.00 12.6K Feb 4, 2023 Direct F1
transaction CARR Common Stock Tax liability -$101K -2.15K -17.09% $46.89 10.4K Feb 4, 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 -5.11K -100% $0.00* 0 Feb 3, 2023 Common Stock 5.11K Direct F1, F2
transaction CARR Restricted Stock Unit RSU Options Exercise $0 -8.83K -100% $0.00* 0 Feb 4, 2023 Common Stock 8.83K 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), 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 granted these RSUs on February 3, 2020 and are the last of three tranches that vested over a three-year period.
F3 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.