SEELY JAMEY S 4
4 · Gates Industrial Corp plc · Filed Feb 25, 2020
Insider Transaction Report
Form 4
SEELY JAMEY S
Executive VP General Counsel
Transactions
- Tax Payment
Ordinary Shares
2020-02-22$12.60/sh−1,471$18,535→ 5,882 total - Exercise/Conversion
Ordinary Shares
2020-02-22+4,402→ 7,353 total - Exercise/Conversion
Time-Based Restricted Stock Units
2020-02-22−4,402→ 8,805 total→ Ordinary Shares (4,402 underlying)
Footnotes (3)
- [F1]Represents time-based restricted stock units (TBRSU) that vested on the anniversary of the grant date.
- [F2]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).
- [F3]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.