Form 4 for GTES Gates Industrial Corp Ltd.
Accepted 2025-03-04 00:00:00 ET · period of report 2025-02-28 · accession 0001062993-25-004399 · 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 | 2025-03-04 | 2025-03-01 | GTES | Pitstick Thomas G. | Pres, Americas | F - Tax | $21.64 | -3,980 | 133.4K | -3% | -$86.1K |
| D | 2025-03-04 | 2025-03-01 | GTES | Pitstick Thomas G. | Pres, Americas | M - OptEx | $0.00 | +10.8K | 137.4K | +9% | $0 |
| D | 2025-03-04 | 2025-03-01 | GTES | Pitstick Thomas G. | Pres, Americas | M - OptEx | $0.00 | -10.8K | 92.2K | -10% | $0 |
| DM | 2025-03-04 | 2025-02-28 | GTES | Pitstick Thomas G. | Pres, Americas | A - Grant | $0.00 | +48.2K | 103.0K | +88% | $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 | 2025-03-01 | F | D | 3,980 | $21.64 | 133,410 | D | — | — | |
| 2 | Common | Ordinary Shares | 2025-03-01 | M | A | 10,767 | $0.00 | 137,390 | 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 | 2025-03-01 | M | D | 10,767 | $0.00 | 92,233 | D | — · — to — | 10,767 Ordinary Shares | (F5) 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). (F6) 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. |
| 4 | Derivative | Performance-Based Restricted Stock Units | 2025-02-28 | A | A | 24,106 | $0.00 | 24,106 | D | — · — to — | 24,106 Ordinary Shares | (F3) 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 measures. (F4) This PBRSU award vests on the date the compensation committee certifies the achievement of the performance measures following the three-year performance period. |
| 5 | Derivative | Time-Based Restricted Stock Units | 2025-02-28 | A | A | 24,106 | $0.00 | 103,000 | D | — · — to — | 24,106 Ordinary Shares | (F5) 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). (F6) 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. |