BORGWARNER INC 4
4 · BORGWARNER INC · Filed Jan 6, 2016
Insider Transaction Report
Form 4
DRUMMOND JERE A
Director
Transactions
- Award
Phantom Stock
2016-01-04$42.20/sh+473.903$20,000→ 9,618.811 total→ Common Stock (473.903 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.