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