| 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 | -11.6K | -33.32% | $0.00 | 23.2K | Feb 6, 2025 | Common Stock | 11.6K | Direct | F1, F3 | |
| transaction | OTIS | Restricted Stock Units | Options Exercise | $0 | -11.6K | -49.98% | $0.00 | 11.6K | Feb 7, 2025 | Common Stock | 11.6K | Direct | F1, F4 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| 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 | This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on July 30, 2024. The shares sold in multiple trades at prices ranging from $95.20 to $96.035. The price reported above reflects the weighted average sale price. The reporting person undertakes to provide the registrant, any security holder of the registrant, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. |
| F3 | On February 6, 2024, the reporting person was granted RSUs vesting in three substantially equal annual installments beginning on the first anniversary of the grant date. The first installment vested on the Transaction Date. |
| F4 | On February 7, 2023, the reporting person was granted RSUs vesting in three substantially equal annual installments beginning on the first anniversary of the grant date. The second installment vested on the Transaction Date. |
This form includes a transaction effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on July 30, 2024. The plan terminated on the Transaction Date.