Form 4 for OTIS Otis Worldwide
Accepted 2022-02-07 00:00:00 ET · period of report 2022-02-03 · accession 0001062993-22-002908 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-02-07 | 2021-02-05 | OTIS | de Montlivault Stephane | Pres, Otis Asia Pac | M - OptEx | — | +11.6K | 22.8K | +103% | — |
| DM | 2022-02-07 | 2022-02-03 | OTIS | de Montlivault Stephane | Pres, Otis Asia Pac | A - Grant | $65.65 | +20.3K | 4,010 | New | +$1.33M |
| DM | 2022-02-07 | 2022-02-05 | OTIS | de Montlivault Stephane | Pres, Otis Asia Pac | M - OptEx | $0.00 | -11.6K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-02-05 | M | A | 1,684 | — | 12,890 | D | — | — | (F1) Restricted stock units (RSUs) convert into common stock on a one for one basis. |
| 2 | Common | Common Stock | 2021-02-05 | M | A | 9,913 | — | 22,803 | D | — | — | (F1) Restricted stock units (RSUs) convert into common stock on a one for one basis. |
| 3 | Derivative | Stock Appreciation Rights | 2022-02-03 | A | A | 16,250 | $81.85 | 16,250 | D | $81.85 · — to 2032-02-02 | 16,250 Common Stock | (F2) The RSUs and stock appreciation rights vest in three equal annual installments beginning on the first anniversary of the Transaction Date. The RSUs include the right to receive dividend equivalents that are credited as additional RSUs. |
| 4 | Derivative | Restricted Stock Units | 2022-02-05 | M | D | 1,684 | $0.00 | 3,371 | D | $0.00 · — to — | 1,684 Common Stock | (F1) Restricted stock units (RSUs) convert into common stock on a one for one basis. (F3) The reporting person was granted RSUs vesting in three equal annual installments beginning on the first anniversary of the grant date. These RSUs include the right to receive dividend equivalents credited as additional RSUs. |
| 5 | Derivative | Restricted Stock Units | 2022-02-05 | M | D | 9,913 | $0.00 | 0 | D | $0.00 · — to — | 9,913 Common Stock | (F1) Restricted stock units (RSUs) convert into common stock on a one for one basis. (F4) The reporting person was granted performance stock units by our former parent on Feb 5, 2019. These were converted into issuer RSUs that fully vested on the Transaction Date. |
| 6 | Derivative | Restricted Stock Units | 2022-02-03 | A | A | 4,010 | $0.00 | 4,010 | D | $0.00 · — to — | 4,010 Common Stock | (F1) Restricted stock units (RSUs) convert into common stock on a one for one basis. (F2) The RSUs and stock appreciation rights vest in three equal annual installments beginning on the first anniversary of the Transaction Date. The RSUs include the right to receive dividend equivalents that are credited as additional RSUs. |