Form 4 for GTES Gates Industrial Corp Ltd.
Accepted 2023-02-23 00:00:00 ET · period of report 2023-02-21 · accession 0001062993-23-004574 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-02-23 | 2023-02-21 | GTES | Jurek Ivo | Chief Exec Off, Dir | F - Tax | $14.16 | -13.4K | 391.3K | -3% | -$190.1K |
| D | 2023-02-23 | 2023-02-21 | GTES | Jurek Ivo | Chief Exec Off, Dir | M - OptEx | $0.00 | +30.7K | 404.7K | +8% | $0 |
| D | 2023-02-23 | 2023-02-21 | GTES | Jurek Ivo | Chief Exec Off, Dir | M - OptEx | $0.00 | -30.7K | 778.9K | -4% | $0 |
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 | Ordinary Shares | 2023-02-21 | F | D | 13,424 | $14.16 | 391,284 | D | — | — | |
| 2 | Common | Ordinary Shares | 2023-02-21 | M | A | 30,655 | $0.00 | 404,708 | D | — | — | (F1) Represents time-based restricted stock units ("TBRSU") that vested on the anniversary of the grant date. |
| 3 | Derivative | Time-Based Restricted Stock Units | 2023-02-21 | M | D | 30,655 | $0.00 | 778,855 | D | — · — to — | 30,655 Ordinary Shares | (F3) 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). (F4) 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 all TBRSUs outstanding subject to future vesting. |