DAVERSA ANGELA 4
4 · BORGWARNER INC · Filed Mar 27, 2009
Insider Transaction Report
Form 4
DAVERSA ANGELA
VP HR
Transactions
- Exercise/Conversion
common stock
2009-02-11+9,240→ 37,698 total - Exercise/Conversion
performance shares
2009-03-25+17,700→ 17,700 total→ common stock
Footnotes (3)
- [F1]The performance shares reported on February 9, 2006 were converted to the company's common stock on February 11, 2009. The shares granted were based on total shareholder return ("TSR") of the company's common stock compared to a peer group of companies TSR over a period ending December 31, 2008 and reflect the December 17, 2007 two-for-one stock split.
- [F2]1 for 1
- [F3]The number of performance shares actually earned will depend upon the total shareholder return ("TSR") of the Company's stock compared to the market cap weighted TSR of a peer group of companies over a period ending 12/31/2011.