BORGWARNER INC 4
4 · BORGWARNER INC · Filed Jul 2, 2015
Insider Transaction Report
Form 4
DRUMMOND JERE A
Director
Transactions
- Award
Phantom Stock
2015-07-01$57.06/sh+350.492$19,999→ 8,606.158 total→ Common Stock (350.492 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.