Form 4 for OTIS Otis Worldwide
Accepted 2023-06-02 00:00:00 ET · period of report 2023-06-01 · accession 0001062993-23-012802 · 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 | 2023-06-02 | 2023-06-01 | OTIS | Loh Sally | Pres, Otis China | M - OptEx | — | +9,300 | 20.9K | +80% | — |
| DM | 2023-06-02 | 2023-06-01 | OTIS | Loh Sally | Pres, Otis China | M - OptEx | $0.00 | -9,300 | 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 | 2023-06-01 | M | A | 8,203 | — | 19,782 | D | — | — | (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. |
| 2 | Common | Common Stock | 2023-06-01 | M | A | 1,097 | — | 20,879 | D | — | — | (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. |
| 3 | Derivative | Restricted Stock Units | 2023-06-01 | M | D | 1,097 | $0.00 | 1,103 | D | — · — to — | 1,097 Common Stock | (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. (F3) On June 1, 2021, the reporting person was granted RSUs vesting in three substantially 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. The second installment vested on the Transaction Date. |
| 4 | Derivative | Restricted Stock Units | 2023-06-01 | M | D | 8,203 | $0.00 | 0 | D | — · — to — | 8,203 Common Stock | (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) On June 1, 2020, the reporting person was granted Founders RSUs that vested in full on the third anniversary of the date of grant (the Transaction Date). These Founders RSUs included the right to receive dividend equivalents credited as additional RSUs. |