Carrier Global (CARR) Form 4 CARRIER GLOBAL / Jurgen Timperman ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Timperman Jurgen

(Last) (First) (Middle)

13995 PASTEUR BOULEVARD

(Street)

PALM BEACH GARDENS FL 33418

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CARRIER GLOBAL Corp [ CARR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
President, Fire & Security

3. Date of Earliest Transaction (Month/Day/Year)
11/29/2022

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/29/2022		M		155,534(1)	A	$20.19	155,534	D
Common Stock	11/29/2022		M		34,397(1)	A	$21.43	189,931	D
Common Stock	11/29/2022		M		2,724(1)	A	$18.53	192,655	D
Common Stock	11/29/2022		D		1,157	D	$43.6	191,498	D
Common Stock	11/29/2022		S		1,567	D	$43.5618(2)	189,931	D
Common Stock	11/29/2022		D		16,906	D	$43.6	173,025	D
Common Stock	11/29/2022		S		17,491	D	$43.5618(2)	155,534	D
Common Stock	11/29/2022		D		23,169	D	$43.57	132,365	D
Common Stock	11/29/2022		D		23,196	D	$43.52	109,169	D
Common Stock	11/29/2022		D		25,675	D	$43.67	83,494	D
Common Stock	11/29/2022		S		26,804	D	$43.5015(3)	56,690	D
Common Stock	11/29/2022		S		26,831	D	$43.5835(4)	29,859	D
Common Stock	11/29/2022		S		29,859	D	$43.6357(5)	0.0000	D
Common Stock	11/29/2022		S		39,475	D	$43.5445	39,474	I	By Family Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Appreciation Right	$21.43	11/29/2022		M			34,397	01/02/2021	01/01/2028	Common Stock	34,397	$0.0000	0.0000	D
Stock Appreciation Right	$18.53	11/29/2022		M			2,724	01/03/2020	01/03/2027	Common Stock	2,724	$0.0000	0.0000	D
Stock Appreciation Right	$20.19	11/29/2022		M			155,534	02/05/2022	02/04/2029	Common Stock	155,534	$0.0000	0.0000	D

Explanation of Responses:

1. 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.

2. The price reported in Column 4 is a weighted average price for shares sold in multiple transactions. The sale prices range from $43.54 to $43.63 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.

3. The price reported in Column 4 is a weighted average price for shares sold in multiple transactions. The sale prices range from $43.49 to $43.56 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.

4. The price reported in Column 4 is a weighted average price for shares sold in multiple transactions. The sale prices range from $43.58 to $43.64 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.

5. The price reported in Column 4 is a weighted average price for shares sold in multiple transactions. The sale prices range from $43.61 to $43.70 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.

	/s/ William Langston as Attorney-in-Fact	11/30/2022
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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