GARNIER JEAN PIERRE 4/A
4/A · Carrier Global Corp · Filed May 19, 2020
Insider Transaction Report
Form 4/AAmended
GARNIER JEAN PIERRE
Director
Transactions
- Award
Director DSU
2020-05-12$17.80/sh+19,808.989$352,600→ 111,243.878 total→ Common Stock (19,808.989 underlying)
Footnotes (3)
- [F1]The reporting person acquired these stock units under the Carrier Global Corporation Board of Directors Deferred Stock Unit Plan (the Plan) in connection with the reporting person's annual compensation for service as a non-employee director. The Plan provides for payment of a portion or all of the annual compensation in Deferred Stock Units (DSUs). Upon resignation, removal, or retirement from the Board, the DSUs in the director's account under the Plan, including accrued dividend equivalents, are converted into an equal number of shares of Carrier common stock that, at the director's previous election, are distributed either in a lump-sum or in installments.
- [F2]This Form 4 is being amended to reflect additional Deferred Stock Units (DSUs) that the reporting person received in connection with Carrier's spinoff from UTC on April 3, 2020, that were inadvertently not included in the total DSUs reflected in column 5 of the original filing on May 13, 2020.
- [F3]The reporting person, who previously served as a director on the United Technologies Corporation (UTC) Board of Directors, received Carrier Deferred Stock Units (DSUs) in connection with Carrier's spinoff from UTC on April 3, 2020 that were attributable to that prior service. The total reported includes the DSUs associated with that prior service.