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: KEARNEY CHRISTOPHER J (Director, Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-11	Common Stock	P	1926.0000	$51.8790	Acquired	2797.0000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-11	Restricted Stock Units	$	A	15600.0000	Acquired		Common Stock (15600.0000)	Direct
2020-05-11	Stock Appreciation Rights	$51.8100	A	79000.0000	Acquired	2030-05-11	Common Stock (79000.0000)	Direct

Footnotes

F1: 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.

F2: The Restricted Stock Units and the Stock Appreciation Rights cliff vest on the third anniversary of the transaction date.