Jurgen Timperman - Feb 4, 2024 Form 4 Insider Report for CARRIER GLOBAL Corp (CARR)

Signature
/s/ Erin O'Neal as Attorney-in-Fact
Stock symbol
CARR
Transactions as of
Feb 4, 2024
Transactions value $
-$957,368
Form type
4
Date filed
2/6/2024, 04:36 PM
Previous filing
Jul 31, 2023
Next filing
May 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CARR Common Stock Award $0 +49K $0.00 49K Feb 4, 2024 Direct F1
transaction CARR Common Stock Tax liability -$957K -16.9K -34.43% $56.78 32.1K Feb 4, 2024 Direct
holding CARR Common Stock 6.75K Feb 4, 2024 By Family Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The acquistion of shares of Carrier common stock represents the vesting of performance share units (PSUs) previously awarded on February 4, 2021 to the reporting person under the Carrier Global Corporation 2020 Long-Term Incentive Plan. Each PSU has a value equal to one share of Carrier Global Corporation common stock. These PSUs vested upon the achievement of the pre-established performance targets for earnings per share growth and total shareholder return relative to a subset of industrial companies in the S&P 500 index over a three-year time period. The performance criteria were satisfied at the 185.5% level.