| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CARR | Common Stock | Options Exercise | $0 | +138 | +0.14% | $0.00 | 97.3K | Feb 10, 2023 | Direct | F1 |
| transaction | CARR | Common Stock | Tax liability | -$2.64K | -59 | -0.06% | $44.83 | 97.3K | Feb 10, 2023 | Direct | |
| transaction | CARR | Common Stock | Options Exercise | $8.3M | +396K | +407.07% | $20.95 | 493K | Feb 13, 2023 | Direct | F2 |
| transaction | CARR | Common Stock | Disposed to Issuer | -$8.3M | -183K | -37.03% | $45.42 | 311K | Feb 13, 2023 | Direct | |
| transaction | CARR | Common Stock | Sale | -$9.67M | -213K | -68.68% | $45.30 | 97.3K | Feb 13, 2023 | Direct | F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CARR | Restricted Stock Unit RSU | Options Exercise | $0 | -138 | -100% | $0.00* | 0 | Feb 10, 2023 | Common Stock | 138 | Direct | F1, F4 | |
| transaction | CARR | Stock Appreciation Right | Options Exercise | $0 | -396K | -100% | $0.00* | 0 | Feb 13, 2023 | Common Stock | 396K | $20.95 | Direct |
| Id | Content |
|---|---|
| F1 | Each Restricted Stock Unit (RSU), including dividend equivalents that accrue during the vesting period, represents a contingent right to receive one share of Carrier Global Corporation common stock. The RSUs vest contingent upon the reporting person's continued employment at the conclusion of the vesting period. |
| F2 | The Stock Appreciation Rights (SARs) were settled in shares in accordance with terms of the award. For Section 16 reporting purposes, the exercise of SARs for stock is treated as an exempt acquisition of the shares underlying the SARs at the exercise price per share specified in the award of SARs and a simultaneous sale back to the issuer of a number of the underlying shares having a value, based on the market price of the issuer's stock on the date of the exercise, equal to the product of the number of underlying SARs times the exercise price per share. |
| F3 | The price reported in Column 4 is a weighted average price for shares sold in multiple transactions. The sale prices range from $45.175 to $45.445 per share. The reporting person has provided to the issuer, and undertakes to provide to the Commission staff or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range. |
| F4 | The reporting person was granted RSUs on February 4, 2020 by United Technologies Corporation (UTC), the former parent of the issuer. These RSUs were converted into RSUs of the issuer in connection with the spin-off of the issuer by UTC. And on February 7, 2023, the reporting person reported that the previously awarded RSUs, including dividend equivalents, vested and converted to Carrier common stock. Those previously awarded RSUs were entitled to additional dividend equivalents that were not payable until February 10, 2023. |