MCLEVISH TIMOTHY R 4
4 · Carrier Global Corp · Filed May 18, 2020
Insider Transaction Report
Form 4
MCLEVISH TIMOTHY R
Vice President and CFO
Transactions
- Award
Stock Appreciation Right
2020-05-14$16.55/sh+165,200$2,734,060→ 165,200 totalExercise: $16.55From: 2023-05-14Exp: 2030-05-13→ Common Stock (165,200 underlying)
Footnotes (1)
- [F1]The reporting person was also awarded 46,240 Performance Share Units (PSUs) under the Carrier Global Corporation 2020 Long-Term Incentive Plan. This award, like the award of the Stock Appreciation Rights, was part of a founder's grant awarded to the reporting person and to certain other executive officers and certain other employees. Each PSU has a value equal to one share of Carrier common stock and will only vest if Carrier achieves pre-established performance targets for Carrier's total shareholder return relative to a subset of industrial companies in the S&P 500 index over a three-year time period.