LIFSEY WALTER 4
4 · Gates Industrial Corp plc · Filed Feb 23, 2022
Insider Transaction Report
Form 4
LIFSEY WALTER
Chief Operating Officer
Transactions
- Tax Payment
Ordinary Shares
2022-02-22$15.41/sh−3,003$46,276→ 127,044 total - Exercise/Conversion
Time-Based Restricted Stock Units
2022-02-22−14,022→ 60,611 total→ Ordinary Shares (14,022 underlying) - Exercise/Conversion
Ordinary Shares
2022-02-22+14,022→ 123,735 total - Exercise/Conversion
Ordinary Shares
2022-02-22+10,371→ 130,047 total - Exercise/Conversion
Time-Based Restricted Stock Units
2022-02-22−10,371→ 50,240 total→ Ordinary Shares (10,371 underlying) - Tax Payment
Ordinary Shares
2022-02-22$15.41/sh−4,059$62,549→ 119,676 total
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.