de Montlivault Stephane's Form 4 filing
Otis Worldwide CorpOTIS · filed Feb 7, 2023
- Accession no.
- 0001062993-23-002407
- Filed
- Feb 7, 2023
- Trade date
- Feb 3-7, 2023
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 12 non-derivative transactions and 8 derivative transactions. Open-market sales total $1.35M. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| de Montlivault StephaneCIK 0001807059 | Officer (President, Otis Asia Pac) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 3, 2023 | Common Stock | MOption exerciseAcquired | +1,353 | –F1 | – | 24,156 | Direct | |
| Feb 4, 2023 | Common Stock | MOption exerciseAcquired | +6,503 | –F1 | – | 30,659 | Direct | |
| Feb 5, 2023 | Common Stock | MOption exerciseAcquired | +1,707 | –F1 | – | 32,366 | Direct | |
| Feb 3, 2023 | Common Stock | MOption exerciseAcquired | +3,319 | $60.88 | +$202,060.72 | 35,685 | Direct | |
| Feb 3, 2023 | Common Stock | FTax withholdingDisposed | −2,397 | $84.29 | −$202,043.13 | 33,288 | Direct | |
| Feb 3, 2023 | Common Stock | MOption exerciseAcquired | +5,618 | $50.58 | +$284,158.44 | 38,906 | Direct | |
| Feb 3, 2023 | Common Stock | FTax withholdingDisposed | −3,371 | $84.29 | −$284,141.59 | 35,535 | Direct | |
| Feb 3, 2023 | Common Stock | MOption exerciseAcquired | +5,362 | $58.66 | +$314,534.92 | 40,897 | Direct | |
| Feb 3, 2023 | Common Stock | FTax withholdingDisposed | −3,731 | $84.29 | −$314,485.99 | 37,166 | Direct | |
| Feb 3, 2023 | Common Stock | SSaleDisposed | −13 | $84.34 | −$1,096.42 | 37,153 | Direct | |
| Feb 3, 2023 | Common Stock | SSaleDisposed | −4,787 | $84.32 | −$403,639.84 | 32,366 | Direct | |
| Feb 3, 2023 | Common Stock | SSaleDisposed | −11,205 | $84.23F2 | −$943,797.15 | 21,161 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 3, 2023 | Common Stock | MOption exerciseDisposed | −1,353 | $0.00 | $0 | 2,716 | Direct | |
| Feb 3, 2023 | Common Stock | MOption exerciseDisposed | −3,319 | $0.00 | $0 | 0 | Direct | |
| Feb 3, 2023 | Common Stock | MOption exerciseDisposed | −5,618 | $0.00 | $0 | 0 | Direct | |
| Feb 3, 2023 | Common Stock | MOption exerciseDisposed | −5,362 | $0.00 | $0 | 0 | Direct | |
| Feb 4, 2023 | Common Stock | MOption exerciseDisposed | −6,503 | $0.00 | $0 | 0 | Direct | |
| Feb 5, 2023 | Common Stock | MOption exerciseDisposed | −1,707 | $0.00 | $0 | 1,714 | Direct | |
| Feb 7, 2023 | Common Stock | AGrant or awardAcquired | +4,607 | $0.00 | $0 | 4,607 | Direct | |
| Feb 7, 2023 | Common Stock | AGrant or awardAcquired | +15,730 | $0.00 | $0 | 15,730 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Restricted stock units (RSUs) convert into common stock on a one for one basis. RSUs include the right to receive dividend equivalents that are credited as additional RSUs.
Referenced by the price of 3 transactions in Table I.
- F2
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.21 to $84.30, inclusive. The reporting person undertakes to provide the registrant, any security holder of the registrant, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
Referenced by the price of 1 transaction in Table I.