Otis Worldwide Corp

Filing Date

Aug 8, 2025

Transaction Date

Aug 1, 2025

Accession Number

0001062993-25-013953

Form Type

3

Footnotes

1. (F1)Restricted Stock Units (RSUs) convert into common stock on a one-for-one basis and include the right to receive dividend equivalents that are credited as additional RSUs.
2. (F2)These RSUs are scheduled to vest in three substantially equal annual installments beginning on the first anniversary of the date of grant. The date of grant was February 4, 2025.
3. (F3)These RSUs are scheduled to vest in two substantially equal annual installments on the second and third anniversaries of the date of grant. The date of grant was February 6, 2024.
4. (F4)These RSUs are scheduled to vest on the third anniversary of the date of grant. The date of grant was February 7, 2023.
5. (F5)These Stock Appreciation Rights (SARs) were granted on February 6, 2024. 1,095 SARs became exercisable on the first anniversary of the date of grant and the remaining 2,192 SARs are scheduled to become exercisable in two substantially equal annual installments on the second and third anniversaries of the date of grant.
6. (F6)These SARs were granted on February 7, 2023. 2,062 SARs became exercisable on the first and second anniversaries of the date of grant. The remaining 1,032 SARs are scheduled to become exercisable on the third anniversary of the date of grant.
7. (F7)These SARs were granted on February 3, 2022 and became fully exercisable on the third anniversary of the date of grant.
8. (F8)These SARs were granted on February 5, 2021 and became fully exercisable on the third anniversary of the date of grant.
9. (F9)These SARs were granted on February 4, 2020 and became fully exercisable on the third anniversary of the date of grant.