Accession Number: | 0001062993-20-003649 |
Date: | 2020-08-03 |
Issuer: | OTIS WORLDWIDE CORP (OTIS) |
Original Submission Date: |
ZHENG PEIMING
1 CARRIER PLACE
FARMINGTON, CT 06032
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature 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 |
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 Exercisable | Expiration 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 |
ID | footnote |
---|---|
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. |