Nadia Villeneuve - Mar 2, 2023 Form 4 Insider Report for CARRIER GLOBAL Corp (CARR)

Role
Senior VP & CHRO
Signature
/s/ William Langston as Attorney-in-Fact
Stock symbol
CARR
Transactions as of
Mar 2, 2023
Transactions value $
-$933,422
Form type
4
Date filed
3/3/2023, 03:12 PM
Previous filing
Feb 14, 2023
Next filing
May 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CARR Common Stock Options Exercise $122K +6.47K +9.85% $18.81 72.1K Mar 2, 2023 Direct F1
transaction CARR Common Stock Sale -$3.28K -72 -0.1% $45.57 72K Mar 2, 2023 Direct
transaction CARR Common Stock Disposed to Issuer -$122K -2.68K -3.71% $45.48 69.4K Mar 2, 2023 Direct F1
transaction CARR Common Stock Sale -$173K -3.79K -5.47% $45.48 65.6K Mar 2, 2023 Direct F2
transaction CARR Common Stock Sale -$758K -16.7K -25.43% $45.44 48.9K Mar 2, 2023 Direct F3

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 Stock Appreciation Right Options Exercise $0 -6.47K -100% $0.00* 0 Mar 2, 2023 Common Stock 6.47K $18.81 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Stock Appreciation Rights (SARs) were settled in shares in accordance with terms of the award. For Section 16 reporting purposes, the exercise of SARs for stock is treated as an exempt acquisition of the shares underlying the SARs at the exercise price per share specified in the award of SARs and a simultaneous sale back to the issuer of a number of the underlying shares having a value, based on the market price of the issuer's stock on the date of the exercise, equal to the product of the number of underlying SARs times the exercise price per share.
F2 The price reported in Column 4 is a weighted average price for shares sold in multiple transactions. The sale prices range from $45.4805 to $48.4850 per share. The reporting person has provided to the issuer, and undertakes to provide to the Commission staff or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
F3 The price reported in Column 4 is a weighted average price for shares sold in multiple transactions. The sale prices range from $45.43 to $45.48 per share. The reporting person has provided to the issuer, and undertakes to provide to the Commission staff or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.