Tracy A. Embree - Feb 4, 2025 Form 4 Insider Report for Otis Worldwide Corp (OTIS)

Role
President, Otis Americas
Signature
Toby Smith, Attorney-in-Fact
Stock symbol
OTIS
Transactions as of
Feb 4, 2025
Transactions value $
$0
Form type
4
Date filed
2/5/2025, 08:25 PM
Previous filing
Nov 4, 2024
Next filing
Feb 10, 2025
SEC
View on sec.gov

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 Award $0 +10.7K $0.00 10.7K Feb 4, 2025 Common Stock 10.7K 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 (RSUs) 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 RSUs vest in three substantially equal annual installments beginning on the first anniversary of the Transaction Date.