LIFSEY WALTER 4

4 · Gates Industrial Corp plc · Filed Mar 1, 2022

Form 4

Period: 2022-02-25

Chief Operating Officer

Transactions

Exercise/Conversion
Ordinary Shares
2022-02-28+12,072→ 139,116 total
Exercise/Conversion
Time-Based Restricted Stock Units
2022-02-28−1,111→ 91,965 total
→ Ordinary Shares (12,072 underlying)
Award
Performance-Based Restricted Stock Units
2022-02-25+53,797→ 53,797 total
→ Ordinary Shares (53,797 underlying)
Tax Payment
Ordinary Shares
2022-02-28$15.76/sh−3,495$55,081→ 135,621 total
Award
Time-Based Restricted Stock Units
2022-02-25+53,797→ 104,037 total
→ Ordinary Shares (53,797 underlying)

Footnotes (6)

[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 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]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).
[F6]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.

Documents

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