President, Otis Asia Pacific De Montlivault Stephane exercised 16,250 shares at a strike of $81.85, returned $1,330,002 worth of shares to the company (12,627 units at $105.33) and sold $701,287 worth of shares (6,660 units at $105.30), decreasing direct ownership by 5% to 63,931 units (SEC Form 4)
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