Gawronski Grant 4
4 · Gates Industrial Corp plc · Filed Feb 23, 2023
Insider Transaction Report
Form 4
Gawronski Grant
EVP & Chief Commercial Officer
Transactions
- Exercise/Conversion
Time-Based Restricted Stock Units
2023-02-21−13,988→ 78,011 total→ Ordinary Shares (13,988 underlying) - Tax Payment
Ordinary Shares
2023-02-21$14.16/sh−3,554$50,325→ 168,251 total - Exercise/Conversion
Ordinary Shares
2023-02-21+13,988→ 171,805 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.