GASTON ROGER C 4
4 · Gates Industrial Corp plc · Filed Mar 2, 2021
Insider Transaction Report
Form 4
GASTON ROGER C
EVP-Human Resources
Transactions
- Award
Time-Based Restricted Stock Units
2021-02-26+14,322→ 29,833 total→ Ordinary Shares (14,322 underlying) - Award
Employee Stock Options (Right to Buy)
2021-02-26+32,243→ 32,243 totalExercise: $15.00Exp: 2031-02-26→ Ordinary Shares (32,243 underlying) - Award
Performance-Based Restricted Stock Units
2021-02-26+14,756→ 14,756 total→ Ordinary Shares (14,756 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.