Gawronski Grant 4
4 · Gates Industrial Corp plc · Filed Feb 23, 2022
Insider Transaction Report
Form 4
Gawronski Grant
EVP & Chief Commercial Officer
Transactions
- Exercise/Conversion
Ordinary Shares
2022-02-22+10,346→ 137,900 total - Exercise/Conversion
Time-Based Restricted Stock Units
2022-02-22−13,987→ 60,463 total→ Ordinary Shares (13,987 underlying) - Exercise/Conversion
Ordinary Shares
2022-02-22+13,987→ 131,130 total - Tax Payment
Ordinary Shares
2022-02-22$15.41/sh−3,576$55,106→ 127,554 total - Tax Payment
Ordinary Shares
2022-02-22$15.41/sh−2,628$40,497→ 135,272 total - Exercise/Conversion
Time-Based Restricted Stock Units
2022-02-22−10,346→ 50,117 total→ Ordinary Shares (10,346 underlying)
Footnotes (4)
- [F1]Represents time-based restricted stock units ("TBRSU") that vested on the anniversary of the grant date.
- [F2]Represents ordinary shares withheld to satisfy certain tax withholding related obligations in connection with the vesting of previously granted TBRSUs.
- [F3]Each TBRSU represents a contingent right to receive one share of the issuer ordinary shares. The TBRSUs will be settled in either ordinary shares or cash (or a combination thereof).
- [F4]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.