Home > Insider Trading > Filing (0001062993-23-002405)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1781335	Otis Worldwide Corp	OTIS	Electronic & Other Electrical Equipment (No Computer Equip) (3600)	833789412

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1807749	Peiming Zheng	1 Carrier Place Farmington CT 06032	President, Otis China	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2023-02-03	1,353	$0.00	12,855	No	4	M	Direct
Common Stock	Disposition	2023-02-03	627	$84.73	12,228	No	4	F	Direct
Common Stock	Acquisiton	2023-02-03	6,206	$59.53	18,434	No	4	M	Direct
Common Stock	Disposition	2023-02-03	4,408	$83.79	14,026	No	4	F	Direct
Common Stock	Disposition	2023-02-03	1,798	$83.86	12,228	No	4	S	Direct
Common Stock	Disposition	2023-02-03	11,333	$83.80	895	No	4	S	Direct
Common Stock	Acquisiton	2023-02-04	7,741	$0.00	8,636	No	4	M	Direct
Common Stock	Disposition	2023-02-04	3,406	$84.73	5,230	No	4	F	Direct
Common Stock	Acquisiton	2023-02-05	1,712	$0.00	6,942	No	4	M	Direct
Common Stock	Disposition	2023-02-05	754	$84.73	6,188	No	4	F	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	F	Direct
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct
No	4	S	Direct
No	4	M	Direct
No	4	F	Direct
No	4	M	Direct
No	4	F	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Disposition	2023-02-03	1,353	$0.00	1,353	$0.00
Common Stock	Stock Appreciation Rights	Disposition	2023-02-03	6,206	$0.00	6,206	$59.53
Common Stock	Restricted Stock Units	Disposition	2023-02-04	7,741	$0.00	7,741	$0.00
Common Stock	Restricted Stock Units	Disposition	2023-02-05	1,712	$0.00	1,712	$0.00
Common Stock	Restricted Stock Units	Acquisiton	2023-02-07	4,607	$0.00	4,607	$0.00
Common Stock	Stock Appreciation Rights	Acquisiton	2023-02-07	15,730	$0.00	15,730	$83.63

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2,716			No	4	M	Direct
0	2017-01-02	2024-01-01	No	4	M	Direct
0			No	4	M	Direct
1,565			No	4	M	Direct
4,607			No	4	A	Direct
15,730		2033-02-06	No	4	A	Direct

Footnotes

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.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.75 to $83.94, inclusive. 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.
On February 3, 2022, 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.
The reporting person was granted RSUs by our former parent on February 4, 2020. These were converted into issuer RSUs that fully vested on the Transaction Date.
On February 5, 2021, 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.
RSUs and stock appreciation rights vest in three substantially equal annual installments beginning on the first anniversary of the Transaction Date.