0001062993-20-006004.txt : 20201202 0001062993-20-006004.hdr.sgml : 20201202 20201202174855 ACCESSION NUMBER: 0001062993-20-006004 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201130 FILED AS OF DATE: 20201202 DATE AS OF CHANGE: 20201202 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Havanec Laurie P. CENTRAL INDEX KEY: 0001807757 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39221 FILM NUMBER: 201364959 MAIL ADDRESS: STREET 1: ONE CARRIER PLACE CITY: FARMINGTON STATE: CT ZIP: 06032 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: 8602184257 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 2020-11-30 0001781335 Otis Worldwide Corp OTIS 0001807757 Havanec Laurie P. 1 CARRIER PLACE FARMINGTON CT 06032 0 1 0 0 EVP & Chief People Officer Common Stock 2020-11-30 4 M 0 196 66.94 A 9019 D Common Stock 2020-11-30 4 F 0 196 66.94 D 8823 D Common Stock 2020-11-30 4 M 0 110 66.94 A 8933 D Common Stock 2020-11-30 4 F 0 110 66.94 D 8823 D Common Stock 1127 I By UTC 401(k) Common Stock 40 I By Spouse Restricted Stock Units 0 2020-11-30 4 M 0 196 0 D Common Stock 196 4461 D Restricted Stock Units 0 2020-11-30 4 M 0 110 0 D Common Stock 110 2510 D The last Form 4 of the reporting person mistakenly reported that 4,471 shares were withheld for taxes and should have reported an additional 206 shares withheld for taxes. The direct holdings of the reporting person have been updated and reduced by 206 shares. Each restricted stock unit represents a contingent right to receive one share of common stock from the issuer. The reporting person was originally granted performance stock units by UTC, the former parent company of the issuer. Since the date of the spin-off of the issuer, these performance conditions no longer apply. This transaction reflects a reduction in the RSUs otherwise deliverable upon future vesting in order to satisfy FICA taxes that are due because the reporting person qualifies for retirement treatment under the award. The reporting person was originally granted restricted stock units by UTC, the former parent company of the issuer. This transaction reflects a reduction in the RSUs otherwise deliverable upon future vesting in order to satisfy FICA taxes that are due because the reporting person qualifies for retirement treatment under the award. These RSUs accrue dividend equivalents. Joshua Mullin, Attorney-in-Fact 2020-11-30