GASPAROVIC JOHN J 4
4 · BORGWARNER INC · Filed Feb 14, 2013
Insider Transaction Report
Form 4
GASPAROVIC JOHN J
VP Secretary & General Counsel
Transactions
- Exercise/Conversion
Common Stock
2013-02-12+16,693→ 58,690 total - Award
Common Stock
2013-02-12+3,475→ 62,165 total - Exercise/Conversion
Performance Shares
2013-02-12−16,693→ 0 total→ Common Stock (16,693 underlying)
Footnotes (2)
- [F1]Each performance share represented a contingent right to receive a share of BorgWarner common stock based upon the achievement of specified performance criteria.
- [F2]The shares will vest 50% on the second anniversary of the grant date and 100% on the third anniversary of the grant date.