LIFSEY WALTER 4

4 · Gates Industrial Corp plc · Filed Mar 2, 2021

Form 4

Period: 2021-02-26

Chief Operating Officer

Transactions

Award
Performance-Based Restricted Stock Units
2021-02-26+37,316→ 37,316 total
→ Ordinary Shares (37,316 underlying)
Award
Employee Stock Options (Right to Buy)
2021-02-26+81,541→ 81,541 total
Exercise: $15.00Exp: 2031-02-26→ Ordinary Shares (81,541 underlying)
Award
Time-Based Restricted Stock Units
2021-02-26+36,218→ 74,633 total
→ Ordinary Shares (36,218 underlying)

Footnotes (5)

[F1]Each time-based restricted stock unit (TBRSU) represents a contingent right to receive one ordinary share of the registrant. The TBRSUs will be settled in either ordinary shares or cash (or a combination thereof).
[F2]The reporting person was granted TBRSUs that vest in three substantially equal annual installments beginning on the first anniversary of the grant date. The number set forth in Column 9 reflects all TBRSUs outstanding subject to future vesting.
[F3]Each performance-based restricted stock unit (PBRSU) represents a contingent right to receive one ordinary share, subject to adjustment based on the Company's achievement of the three-year performance measures.
[F4]This PBRSU award vests on the date the compensation committee certifies the achievement of the performance measures following the three-year performance period.
[F5]This option award vests in three equally substantial annual installments beginning on the first anniversary of the grant date.

Documents

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