Form 4 for PHIN PHINIA INC.
Accepted 2023-07-20 00:00:00 ET · period of report 2023-07-18 · accession 0000897069-23-000978 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-07-20 | 2023-07-18 | PHIN | Fryer Neil | VP, GM Gbl Aftermarket* | A - Grant | — | +16.6K | 15.0K | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-07-18 | A | A | 6,170 | — | 8,638 | D | — | — | (F1) The transactions reported herein are the result of the consummation on July 3, 2023 of the distribution of 100% of the shares of common stock of PHINIA Inc. ("PHINIA") by BorgWarner Inc. ("BorgWarner") to holders of BorgWarner common stock on a pro rata basis (the "Spin-Off"). (F2) Represents an award of restricted stock units with respect to PHINIA common stock resulting from the conversion of certain equity-based awards previously granted by BorgWarner as a result of the Spin-Off, each of which will vest on the same schedule as its related pre-conversion award. (F3) Includes 2,468 shares of common stock of PHINIA that were distributed in respect of BorgWarner shares held by the reporting person. |
| 2 | Common | Common Stock | 2023-07-18 | A | A | 4,132 | — | 19,098 | D | — | — | (F1) The transactions reported herein are the result of the consummation on July 3, 2023 of the distribution of 100% of the shares of common stock of PHINIA Inc. ("PHINIA") by BorgWarner Inc. ("BorgWarner") to holders of BorgWarner common stock on a pro rata basis (the "Spin-Off"). (F2) Represents an award of restricted stock units with respect to PHINIA common stock resulting from the conversion of certain equity-based awards previously granted by BorgWarner as a result of the Spin-Off, each of which will vest on the same schedule as its related pre-conversion award. (F3) Includes 2,468 shares of common stock of PHINIA that were distributed in respect of BorgWarner shares held by the reporting person. |
| 3 | Common | Common Stock | 2023-07-18 | A | A | 6,328 | — | 14,966 | D | — | — | (F1) The transactions reported herein are the result of the consummation on July 3, 2023 of the distribution of 100% of the shares of common stock of PHINIA Inc. ("PHINIA") by BorgWarner Inc. ("BorgWarner") to holders of BorgWarner common stock on a pro rata basis (the "Spin-Off"). (F2) Represents an award of restricted stock units with respect to PHINIA common stock resulting from the conversion of certain equity-based awards previously granted by BorgWarner as a result of the Spin-Off, each of which will vest on the same schedule as its related pre-conversion award. (F3) Includes 2,468 shares of common stock of PHINIA that were distributed in respect of BorgWarner shares held by the reporting person. |