X0306 4 2020-11-30 0001781335 Otis Worldwide Corp OTIS 0001807757 Havanec Laurie P. 1 CARRIER PLACE FARMINGTON CT 06032 0 1 0 0 EVP & Chief People Officer Common Stock 2020-11-30 4 M 0 196 66.94 A 9019 D Common Stock 2020-11-30 4 F 0 196 66.94 D 8823 D Common Stock 2020-11-30 4 M 0 110 66.94 A 8933 D Common Stock 2020-11-30 4 F 0 110 66.94 D 8823 D Common Stock 1127 I By UTC 401(k) Common Stock 40 I By Spouse Restricted Stock Units 0 2020-11-30 4 M 0 196 0 D Common Stock 196 4461 D Restricted Stock Units 0 2020-11-30 4 M 0 110 0 D Common Stock 110 2510 D The last Form 4 of the reporting person mistakenly reported that 4,471 shares were withheld for taxes and should have reported an additional 206 shares withheld for taxes. The direct holdings of the reporting person have been updated and reduced by 206 shares. Each restricted stock unit represents a contingent right to receive one share of common stock from the issuer. The reporting person was originally granted performance stock units by UTC, the former parent company of the issuer. Since the date of the spin-off of the issuer, these performance conditions no longer apply. This transaction reflects a reduction in the RSUs otherwise deliverable upon future vesting in order to satisfy FICA taxes that are due because the reporting person qualifies for retirement treatment under the award. The reporting person was originally granted restricted stock units by UTC, the former parent company of the issuer. This transaction reflects a reduction in the RSUs otherwise deliverable upon future vesting in order to satisfy FICA taxes that are due because the reporting person qualifies for retirement treatment under the award. These RSUs accrue dividend equivalents. Joshua Mullin, Attorney-in-Fact 2020-11-30