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Ownership Document
|
| Schema Version: X0306 |
| Document Type: 4 |
| Period of Report: 4/27/21 |
| Issuer: |
| Issuer CIK: 1781335 |
| Issuer Name: Otis Worldwide Corp |
| Issuer Trading Symbol: OTIS |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1444506 |
| | Owner Name: Stewart Shelley JR |
| Reporting Owner Address: |
| | Owner Street 1: 1 CARRIER PLACE |
| | Owner Street 2: |
| | Owner City: FARMINGTON |
| | Owner State: CT |
| | Owner ZIP Code: 06032 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? No |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Deferred Stock Units |
| | Conversion or Exercise Price: |
| | | Footnote ID: F1 |
| | Transaction Date: |
| | | Value: 4/27/21 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 2,468.3544 |
| | | Transaction Price Per Share: |
| Value: 79.00 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Footnote ID: F1 |
| | Expiration Date: |
| | | Footnote ID: F1 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 2,468.3544 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 6,280.7834 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: The reporting person acquired these deferred stock units (DSUs) under the Board of Directors Deferred Stock Unit Plan (the Plan) for service as a non-employee director. The Plan provides for payment of a portion or all of the annual director compensation in DSUs. Upon retirement or termination, the DSUs 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. DSUs accrue dividend equivalents. |
| Owner Signature: |
| Signature Name: Joshua Mullin, Attorney-in-Fact |
| Signature Date: 4/29/21 |
