BORGWARNER INC 4
4 · BORGWARNER INC · Filed Jan 5, 2015
Insider Transaction Report
Form 4
DRUMMOND JERE A
Director
Transactions
- Award
Phantom Stock
2015-01-02$54.93/sh+364.096$20,000→ 8,219.356 total→ Common Stock (364.096 underlying)
Footnotes (3)
- [F1]The number of phantom stock units were accrued under the BorgWarner Inc. Board of Directors Deferred Compensation Plan and are to be settled 100% in cash according to the terms of the plan.
- [F2]The phantom stock does not have an exercisable date or an expiration date.
- [F3]Column 9 includes the reporting person's total phantom stock holdings under the BorgWarner Inc. Board of Directors Deferred Compensation Plan as of the date of this report.