Form Type: 4

SEC EDGAR Link
Accession Number:0001062993-20-003649
Date:2020-08-03
Issuer: OTIS WORLDWIDE CORP (OTIS)
Original Submission Date:

Reporting Person:

ZHENG PEIMING
1 CARRIER PLACE
FARMINGTON, CT 06032

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2020-08-03 M 9,488 a $41.81 12,414 direct
COMMON STOCK 2020-08-03 D 9,488 d $63.60 2,926 direct
COMMON STOCK 2020-08-03 S 54 d $63.21 0 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
STOCK APPRECIATION RIGHT 41.81 2020-08-03 deemed execution date M 9,488 (d) 2014-01-03 2021-01-02 common stock 9,488 $41.81 0 direct
Footnotes
IDfootnote
f1 as a result of the spin-off of the issuer by utc, otis shares are now held in the utc employee savings plan by insiders who held utc shares in their plan accounts. the utc employee savings plan has advised participants that starting approximately one-year after the spin-off it will mandatorily start to sell the otis shares.
f2 exercise of cash-settled stock appreciation rights.
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