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