David L. Gitlin - May 24, 2023 Form 4 Insider Report for CARRIER GLOBAL Corp (CARR)

Signature
/s/ Mark G. Thompson as Attorney-in-Fact
Stock symbol
CARR
Transactions as of
May 24, 2023
Transactions value $
-$6,319
Form type
4
Date filed
5/25/2023, 05:20 PM
Previous filing
May 17, 2023
Next filing
Jul 6, 2023

Transactions Table

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 -412 -100% $0.00* 0 May 24, 2023 Common Stock 412 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units (RSU) convert into common stock on a one-for-one basis. RSUs include the right to receive dividend equivalents that are credited as additional RSUs.
F2 The reporting person was granted RSUs on May 14, 2020. And on May 14, 2023, the reporting person reported that the previously awarded RSUs, including dividend equivalents, vested and converted to Carrier common stock. Those previously awarded RSUs were entitled to additional dividend equivalents that were not payable until May 24, 2023.