0001062993-20-005367.txt : 20201103
0001062993-20-005367.hdr.sgml : 20201103
20201103171644
ACCESSION NUMBER: 0001062993-20-005367
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201030
FILED AS OF DATE: 20201103
DATE AS OF CHANGE: 20201103
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Marks Judith Fran
CENTRAL INDEX KEY: 0001665490
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39221
FILM NUMBER: 201284416
MAIL ADDRESS:
STREET 1: C/O HUBBELL INCORPORATED
STREET 2: 40 WATERVIEW DRIVE
CITY: SHELTON
STATE: CT
ZIP: 06484
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Otis Worldwide Corp
CENTRAL INDEX KEY: 0001781335
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC & OTHER ELECTRICAL EQUIPMENT (NO COMPUTER EQUIP) [3600]
IRS NUMBER: 833789412
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: ONE CARRIER PLACE
CITY: FARMINGTON
STATE: CT
ZIP: 06032
BUSINESS PHONE: 8602184257
MAIL ADDRESS:
STREET 1: ONE CARRIER PLACE
CITY: FARMINGTON
STATE: CT
ZIP: 06032
4
1
form4.xml
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
X0306
4
2020-10-30
0001781335
Otis Worldwide Corp
OTIS
0001665490
Marks Judith Fran
1 CARRIER PLACE
FARMINGTON
CT
06032
1
1
0
0
President and CEO
Common Stock
2020-11-01
4
M
0
16757
A
16757
D
Common Stock
2020-11-01
4
F
0
7778
62.14
D
8979
D
Common Stock
2020-10-30
4
S
0
47.3211
61.28
D
0
I
401(k) Plan
Restricted Stock Units
2020-11-01
4
M
0
16757
0
D
Common Stock
16757
0
D
Restricted stock units convert into common stock on a one-for-one basis.
As a result of the spin-off of the issuer by our former parent, certain Otis insiders hold Otis shares in our former parent's 401(k) plan. This plan has advised participants that starting approximately one-year after the spin-off it will mandatorily start to sell the Otis shares held in it.
The reporting person was originally granted RSUs by our former parent company on November 1, 2017. These fully vested and were converted into Otis common stock.
Joshua Mullin, Attorney-in-Fact
2020-11-03