Wisniewski David M 4
4 · Gates Industrial Corp plc · Filed Mar 3, 2023
Insider Transaction Report
Form 4
Wisniewski David M
Chief Accounting Officer
Transactions
- Award
Performance-Based Restricted Stock Units
2023-03-01+11,849→ 11,849 total→ Ordinary Shares (11,849 underlying) - Award
Time-Based Restricted Stock Units
2023-03-01+11,849→ 53,703 total→ Ordinary Shares (11,849 underlying)
Footnotes (4)
- [F1]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.
- [F2]This PBRSU award vests on the date the compensation committee certifies the achievement of the performance measures following the three-year performance period.
- [F3]Each time-based restricted stock units ("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.