Bartlett Thomas A 4
4 · Otis Worldwide Corp · Filed Oct 30, 2023
Insider Transaction Report
Form 4
Bartlett Thomas A
Director
Transactions
- Award
Deferred Stock Units
2023-10-27$76.14/sh+1,280.536$97,500→ 1,280.536 total→ Common Stock (1,280.536 underlying)
Holdings
- 431
Common Stock
Footnotes (1)
- [F1]The reporting person acquired these deferred stock units (DSUs) under the Board of Directors Deferred Stock Unit Plan (the Plan) upon his appointment 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. DSUs accrue dividend equivalents.