Mallard Lawrence B 4
4 · Gates Industrial Corp plc · Filed Mar 6, 2025
Insider Transaction Report
Form 4
Mallard Lawrence B
Chief Financial Officer
Transactions
- Exercise/Conversion
Ordinary Shares
2025-03-04+16,551→ 184,873 total - Tax Payment
Ordinary Shares
2025-03-04$20.00/sh−7,246$144,920→ 177,627 total - Exercise/Conversion
Time-Based Restricted Stock Units
2025-03-04−16,551→ 124,991 total→ Ordinary Shares (16,551 underlying)
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 par value and 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.