0001062993-21-001094.txt : 20210209
0001062993-21-001094.hdr.sgml : 20210209
20210209163731
ACCESSION NUMBER: 0001062993-21-001094
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210205
FILED AS OF DATE: 20210209
DATE AS OF CHANGE: 20210209
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ryan Michael Patrick
CENTRAL INDEX KEY: 0001805849
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39221
FILM NUMBER: 21607059
MAIL ADDRESS:
STREET 1: 10 FARM SPRINGS ROAD
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
2021-02-05
0001781335
Otis Worldwide Corp
OTIS
0001805849
Ryan Michael Patrick
1 CARRIER PLACE
FARMINGTON
CT
06032
0
1
0
0
VP, CAO & Controller
Common Stock
2220
D
Common Stock
2021-02-05
4
S
0
463
63.93
D
0
I
401(k) Plan
Restricted Stock Units
2021-02-05
4
A
0
1250
A
Common Stock
1250
1250
D
Stock Appreciation Rights
63.93
2021-02-05
4
A
0
5516
63.93
A
2031-02-04
Common Stock
5516
5516
D
As a result of the spinoff of the issuer by UTC, the reporting person holds Otis shares in our former parent's 401(k) plan. This plan has advised participants that it will mandatorily start to sell the Otis shares held in it on April 3, 2021.
Each Restricted Stock Unit, including dividend equivalents that accrue during the vesting period, represents a contingent right to receive one share of Otis common stock.
The Restricted Stock Units and the Stock Appreciation Rights vest ratably with respect to one-third of the award on each of the first three anniversaries of the date of the grant.
Joshua Mullin, Attorney-in-Fact
2021-02-09