Form 4 for OTIS Otis Worldwide
Accepted 2022-02-07 00:00:00 ET · period of report 2022-02-03 · accession 0001062993-22-002912 · 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 | Marks Judith Fran | COB, CEO, Pres, Dir | F - Tax | $82.44 | -22.4K | 45.5K | -33% | -$1.85M |
| DM | 2022-02-07 | 2021-02-05 | OTIS | Marks Judith Fran | COB, CEO, Pres, Dir | M - OptEx | — | +53.2K | 87.7K | +154% | — |
| DM | 2022-02-07 | 2022-02-05 | OTIS | Marks Judith Fran | COB, CEO, Pres, Dir | M - OptEx | $0.00 | -53.2K | 22.0K | -71% | $0 |
| DM | 2022-02-07 | 2022-02-03 | OTIS | Marks Judith Fran | COB, CEO, Pres, Dir | A - Grant | $65.65 | +150.1K | 29.7K | New | +$9.85M |
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 | F | D | 17,433 | $82.44 | 70,294 | D | — | — | |
| 2 | Common | Common Stock | 2021-02-05 | M | A | 11,014 | — | 50,540 | D | — | — | (F1) Restricted stock units (RSUs) convert into common stock on a one for one basis. |
| 3 | Common | Common Stock | 2021-02-05 | M | A | 42,188 | — | 87,727 | D | — | — | (F1) Restricted stock units (RSUs) convert into common stock on a one for one basis. |
| 4 | Common | Common Stock | 2021-02-05 | F | D | 5,001 | $82.44 | 45,539 | D | — | — | |
| 5 | Derivative | Restricted Stock Units | 2022-02-05 | M | D | 42,188 | $0.00 | 0 | D | $0.00 · — to — | 42,188 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 | Stock Appreciation Rights | 2022-02-03 | A | A | 120,366 | $81.85 | 120,336 | D | $81.85 · — to 2032-02-02 | 120,366 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. |
| 7 | Derivative | Restricted Stock Units | 2022-02-03 | A | A | 29,702 | $0.00 | 29,702 | D | $0.00 · — to — | 29,702 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. |
| 8 | Derivative | Restricted Stock Units | 2022-02-05 | M | D | 11,014 | $0.00 | 22,039 | D | $0.00 · — to — | 11,014 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. |