Otis Worldwide Corp — Director's Dealing 2020

May 13, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Otis Worldwide Corp (OTIS)
CIK: 0001781335
Period of Report: 2020-05-11

Reporting Person: Jejurikar Shailesh (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-11	Deferred Stock Units	$	A	6272.9200	Acquired		Common Stock (6272.9200)	Direct

Footnotes

F1: The reporting person acquired these stock units under the Otis Worldwide Corporation Board of Directors Deferred Stock Unit Plan (the Plan) in connection with the reporting person's annual compensation for service as a non-employee director. The Plan provides for payment of a portion or all of the annual compensation in deferred stock units. Upon retirement or termination, the deferred stock units in the director's account under the Plan are converted into an equal number of shares of common stock that, at the director's previous election, are distributed either in a lump-sum or in installments.