David L. Gitlin - 30 Jan 2024 Form 4 Insider Report for CARRIER GLOBAL Corp (CARR)

Role: Chairman and CEO, Director
Signature: /s/ Erin O'Neal as Attorney-in-Fact
Issuer symbol: CARR
Transactions as of: 30 Jan 2024
Net transactions value: $0
Form type: 4
Filing time: 01 Feb 2024, 16:33:18 UTC
Previous filing: 04 Jan 2024
Next filing: 06 Feb 2024
SEC: View on sec.gov

Key filing fact

David L. Gitlin filed Form 4 for CARRIER GLOBAL Corp (CARR) on 01 Feb 2024.

Key facts

This page summarizes David L. Gitlin's Form 4 filing for CARRIER GLOBAL Corp (CARR).
2 reported transactions and 2 derivative rows are listed below.
Filing timestamp: 01 Feb 2024, 16:33.

Change

Previous filing in this sequence was filed on 04 Jan 2024.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

CARR transaction Derivative

Stock Appreciation Right

Award

Transaction value: $0
Shares: +307,800
Change %
Price: $0.000000
Shares after: 307,800
Date: 30 Jan 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 307,800
Exercise price: $56.33
Footnotes: F1

CARR transaction Derivative

Stock Appreciation Right

Award

Transaction value: $0
Shares: +1,725,330
Change %
Price: $0.000000
Shares after: 1,725,330
Date: 30 Jan 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,725,330
Exercise price: $56.33
Footnotes: F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person was also awarded 119,380 Performance Share Units (PSUs) under the Carrier Global Corporation 2020 Long-Term Incentive Plan. Each PSU represents a contingent right to receive one share of Carrier Global Corporation common stock. The PSUs vest on the third anniversary of the grant date contingent upon (a) the reporting person's continued employment and (b) Carrier's achievement of pre-established performance targets for total shareowner return relative to a subset of industrial companies in the S&P 500 index over a three-year time period.
F2	The reporting person was also awarded 446,110 Performance Share Units (PSUs) under the Carrier Global Corporation 2020 Long-Term Incentive Plan. Each PSU represents a contingent right to receive one share of Carrier Global Corporation common stock. The PSUs vest equally on the third, fourth and fifth anniversary of the grant date contingent upon (a) the reporting person's continued employment and (b) Carrier's achievement of pre-established performance targets for earnings per share growth over a three-year time period.

Content

The reporting person was also awarded 119,380 Performance Share Units (PSUs) under the Carrier Global Corporation 2020 Long-Term Incentive Plan. Each PSU represents a contingent right to receive one share of Carrier Global Corporation common stock. The PSUs vest on the third anniversary of the grant date contingent upon (a) the reporting person's continued employment and (b) Carrier's achievement of pre-established performance targets for total shareowner return relative to a subset of industrial companies in the S&P 500 index over a three-year time period.

The reporting person was also awarded 446,110 Performance Share Units (PSUs) under the Carrier Global Corporation 2020 Long-Term Incentive Plan. Each PSU represents a contingent right to receive one share of Carrier Global Corporation common stock. The PSUs vest equally on the third, fourth and fifth anniversary of the grant date contingent upon (a) the reporting person's continued employment and (b) Carrier's achievement of pre-established performance targets for earnings per share growth over a three-year time period.