0001062993-22-013279.txt : 20220523
0001062993-22-013279.hdr.sgml : 20220523
20220523162837
ACCESSION NUMBER: 0001062993-22-013279
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220519
FILED AS OF DATE: 20220523
DATE AS OF CHANGE: 20220523
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: KEARNEY CHRISTOPHER J
CENTRAL INDEX KEY: 0001248040
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39221
FILM NUMBER: 22952071
MAIL ADDRESS:
STREET 1: 13320 BALLANTYNE CORPORATE PLACE
CITY: CHARLOTTE
STATE: NC
ZIP: 28277
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Otis Worldwide Corp
CENTRAL INDEX KEY: 0001781335
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC & OTHER ELECTRICAL EQUIPMENT (NO COMPUTER EQUIP) [3600]
IRS NUMBER: 833789412
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: ONE CARRIER PLACE
CITY: FARMINGTON
STATE: CT
ZIP: 06032
BUSINESS PHONE: 8606743000
MAIL ADDRESS:
STREET 1: ONE CARRIER PLACE
CITY: FARMINGTON
STATE: CT
ZIP: 06032
4
1
form4.xml
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
X0306
4
2022-05-19
0001781335
Otis Worldwide Corp
OTIS
0001248040
KEARNEY CHRISTOPHER J
1 CARRIER PLACE
FARMINGTON
CT
06032
1
0
0
0
Deferred Stock Units
2022-05-19
4
A
0
4270.56
72.59
A
Common Stock
4270.56
7060.309
D
The reporting person acquired these deferred stock units (DSUs) under the Board of Directors Deferred Stock Unit Plan (the Plan) for service as a non-employee director. The Plan provides for payment of a portion or all of the annual director compensation in DSUs. Upon retirement or termination, the DSUs in the director's account under the Plan are converted into an equal number of shares of common stock that, at the director's previous election, are distributed either in a lump-sum or in installments. The total also includes vested DSUs and vested deferred restricted stock units that the reporting person received from UTC, our former parent company, that were converted in the spin-off from UTC. Vested deferred restricted stock units are equivalent to DSUs. Both DSUs and deferred restricted stock units accrue dividend equivalents.
Joshua Mullin, Attorney-in-Fact
2022-05-23