Michael Patrick Ryan - 02 Dec 2024 Form 4 Insider Report for Otis Worldwide Corp (OTIS)

Role
SVP, CAO & Controller
Signature
Toby Smith, Attorney-in-Fact
Issuer symbol
OTIS
Transactions as of
02 Dec 2024
Net transactions value
$0
Form type
4
Filing time
04 Dec 2024, 16:15:37 UTC
Previous filing
12 Nov 2024
Next filing
05 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OTIS Common Stock Options Exercise $1,629 +16 +2.1% $101.80 772 02 Dec 2024 Direct
transaction OTIS Common Stock Tax liability $1,629 -16 -2.1% $101.80 756 02 Dec 2024 Direct
transaction OTIS Common Stock Options Exercise $3,156 +31 +4.1% $101.80 787 02 Dec 2024 Direct
transaction OTIS Common Stock Tax liability $3,156 -31 -3.9% $101.80 756 02 Dec 2024 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 OTIS Restricted Stock Units Options Exercise $0 -16 -4.4% $0.000000 351 02 Dec 2024 Common Stock 16 Direct F1, F2
transaction OTIS Restricted Stock Units Options Exercise $0 -31 -4.2% $0.000000 708 02 Dec 2024 Common Stock 31 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units (RSUs) convert into common stock on a one-for-one basis. RSUs include the rights to receive dividend equivalents that are credited as additional RSUs.
F2 This transaction reflects a reduction in the RSUs otherwise deliverable upon future vesting in order to satisfy taxes that are due because the reporting person qualifies for retirement treatment under the award. These RSUs were awarded on February 3, 2022.
F3 This transaction reflects a reduction in the RSUs otherwise deliverable upon future vesting in order to satisfy taxes that are due because the reporting person qualifies for retirement treatment under the award. These RSUs were awarded on February 7, 2023.