4//SEC Filing
GASTON ROGER C 4
Accession 0001246360-20-000660
CIK 0001718512other
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 8:07 PM ET
Size
15.8 KB
Accession
0001246360-20-000660
Insider Transaction Report
Form 4
GASTON ROGER C
EVP-Human Resources
Transactions
- Exercise/Conversion
Ordinary Shares
2020-02-22+4,143→ 18,014 total - Tax Payment
Ordinary Shares
2020-02-22$12.60/sh−1,423$17,930→ 16,591 total - Award
Performance-Based Restricted Stock Units (PBRSU)
2020-02-21+17,566→ 30,372 total→ Ordinary Shares (17,566 underlying) - Award
Time-Based Restricted Stock Units
2020-02-21+17,050→ 29,480 total→ Ordinary Shares (17,050 underlying) - Award
Employee Stock Options (right to buy)
2020-02-21+44,756→ 44,756 totalExercise: $12.60Exp: 2030-02-21→ Ordinary Shares (44,756 underlying) - Exercise/Conversion
Time-Based Restricted Stock Units
2020-02-22−4,143→ 25,337 total→ Ordinary Shares (4,143 underlying)
Footnotes (7)
- [F1]Each TBRSU represents a contingent right to receive one share of the issuer ordinary shares. The TBRSUs will be settled in either ordinary shares or cash (or a combination thereof).
- [F2]These TBRSUs vest in three substantially equal annual installments beginning on the first anniversary of the grant date.
- [F3]This options award will vest in three substantially equal annual installments beginning on the first anniversary of the grant date.
- [F4]Each performance-based restricted stock unit (PBRSU) represents a contingent right to receive one ordinary share, subject to adjustment based on the Company's achievement of the three-year performance measure, which is based 50% on total shareholder return with absolute and relative measures and 50% on adjusted return on invested capital.
- [F5]This award vests on the date that the compensation committee certifies the achievement of the performance measure following the three-year performance period.
- [F6]Represents time-based restricted stock units (TBRSU) that vested on the anniversary of the grant date.
- [F7]The reporting person was granted TBRSUs that vest in three substantially equal annual installments beginning on the first anniversary of the grant date. The number set forth in Column 9 reflects the TBRSUs outstanding subject to future vesting.
Documents
Issuer
Gates Industrial Corp plc
CIK 0001718512
Entity typeother
Related Parties
1- filerCIK 0001043033
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 8:07 PM ET
- Size
- 15.8 KB