GARNIER JEAN PIERRE 4
4 · CARRIER GLOBAL Corp · Filed Apr 18, 2022
Insider Transaction Report
Form 4
GARNIER JEAN PIERRE
Director
Transactions
- Award
Director DSU
2022-04-14$41.28/sh+7,994.186$330,000→ 115,859.36 total→ Common Stock (7,994.186 underlying)
Footnotes (1)
- [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.