Form 4 for CARR Carrier Global
Accepted 2022-02-04 00:00:00 ET · period of report 2022-02-02 · accession 0001225208-22-001525 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-02-04 | 2022-02-03 | CARR | Crockett Kyle | VP, Ctrl | M - OptEx | $0.00 | +5,028 | 5,040 | +41,900% | $0 |
| D | 2022-02-04 | 2022-02-04 | CARR | Crockett Kyle | VP, Ctrl | S - Sale+OE | $45.73 | -3,682 | 12 | -100% | -$168.4K |
| D | 2022-02-04 | 2022-02-03 | CARR | Crockett Kyle | VP, Ctrl | F - Tax | $46.24 | -1,346 | 3,694 | -27% | -$62.2K |
| D | 2022-02-04 | 2022-02-03 | CARR | Crockett Kyle | VP, Ctrl | M - OptEx | $0.00 | -5,028 | 0 | -100% | $0 |
| D | 2022-02-04 | 2022-02-02 | CARR | Crockett Kyle | VP, Ctrl | A - Grant | $0.00 | +21.1K | 21.1K | New | $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 | 2022-02-03 | M | A | 5,028 | $0.00 | 5,040 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2022-02-04 | S | D | 3,682 | $45.73 | 12 | D | — | — | (F3) The price reported in Column 4 is a weighted average price for the shares sold in multiple transactions. The sale prices range from $45.00 to $46.16 per share. The reporting person has provided to the issuer, and undertakes to provide to the Commission staff or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range. |
| 3 | Common | Common Stock | 2022-02-03 | F | D | 1,346 | $46.24 | 3,694 | D | — | — | |
| 4 | Derivative | Restricted Stock Unit RSU | 2022-02-03 | M | D | 5,028 | $0.00 | 0 | D | — · 2022-02-03 to — | 5,028 Common Stock | (F5) The reporting person was granted these RSUs on February 3, 2020 and are the second of three tranches that vest over a three-year period. (F1) Restricted stock units convert into common stock on a one-for-one basis. (F6) Each Restricted Stock Unit (RSU), including dividend equivalents that accrue during the vesting period, represents a contingent right to receive one share of Carrier Global Corporation common stock. The RSUs vest contingent upon the reporting person's continued employment at the conclusion of the vesting period. |
| 5 | Derivative | Stock Appreciation Right | 2022-02-02 | A | A | 21,075 | $0.00 | 21,075 | D | $47.51 · 2025-02-02 to 2032-02-01 | 21,075 Common Stock | (F4) The reporting person was also awarded 4,775 Performance Share Units (PSUs) under the Carrier Global Corporation 2020 Long-Term Incentive Plan. Each PSU represents a contingent right to receive one share of Carrier Global Corporation common stock. The PSUs vest on the third anniversary of the grant date contingent upon (a) the reporting person's continued employment and (b) Carrier's achievement of pre-established performance targets for earnings per share growth and total shareowner return relative to a subset of industrial companies in the S&P 500 index over a three-year time period. |