X0306 4 2020-02-05 0001781335 Otis Worldwide Corp OTIS 0001807121 LaFreniere Nora E. 1 CARRIER PLACE FARMINGTON CT 06032 0 1 0 0 EVP, Chief GC & Corp. Sec. Common Stock 14303 D Common Stock 2021-02-05 4 S 0 754 63.93 D 0 I 401(k) Plan Restricted Stock Units 2021-02-05 4 A 0 5383 A Common Stock 5383 5383 D Stock Appreciation Rights 63.93 2021-02-05 4 A 0 23762 63.93 A 2031-02-04 Common Stock 23762 23762 D As a result of the spinoff of the issuer by UTC, the reporting person holds Otis shares in our former parent's 401(k) plan. This plan has advised participants that it will mandatorily start to sell the Otis shares held in it on April 3, 2021. Each Restricted Stock Unit, including dividend equivalents that accrue during the vesting period, represents a contingent right to receive one share of Otis common stock. The Restricted Stock Units and the Stock Appreciation Rights vest ratably with respect to one-third of the award on each of the first three anniversaries of the date of the grant. Joshua Mullin, Attorney-in-Fact 2021-02-09