4//SEC Filing
Gawronski Grant 4
Accession 0001062993-23-003427
CIK 0001718512other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 4:36 PM ET
Size
11.1 KB
Accession
0001062993-23-003427
Insider Transaction Report
Form 4
Gawronski Grant
EVP & Chief Commercial Officer
Transactions
- Exercise/Conversion
Ordinary Shares
2023-02-12+18,157→ 162,403 total - Tax Payment
Ordinary Shares
2023-02-12$13.87/sh−4,586$63,608→ 157,817 total - Exercise/Conversion
Performance-Based Restricted Stock Units (PBRSU)
2023-02-12−18,157→ 25,075 total→ Ordinary Shares (18,157 underlying) - Disposition to Issuer
Performance-Based Restricted Stock Units (PBRSU)
2023-02-12−25,075→ 0 total→ Ordinary Shares (25,075 underlying)
Footnotes (4)
- [F1]Represents the number of ordinary shares vested pursuant to the performance-based restricted stock unit ("PBRSU") award granted on February 21, 2020 and reported on the Form 4 filed with the Securities and Exchange Commission on February 25, 2020, following the Compensation Committee's certification on February 12, 2023 of the Company's achievement of 42% of the three year performance measure, which was based 50% on total shareholder return with relative measures and 50% on adjusted return on invested capital.
- [F2]Represents ordinary shares withheld to satisfy certain tax and par value withholdings in connection with the vesting of the PBRSUs.
- [F3]Each PBRSU represents a contingent right to receive one ordinary share.
- [F4]Represents the portion of the PBRSU award granted on February 21, 2020 that did not vest and was forfeited in connection with the certification described above.
Issuer
Gates Industrial Corp plc
CIK 0001718512
Entity typeother
Related Parties
1- filerCIK 0001760696
Filing Metadata
- Form type
- 4
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 4:36 PM ET
- Size
- 11.1 KB