Robert Boyle - Jul 18, 2023 Form 4 Insider Report for PHINIA INC. (PHIN)

Role
VP, GC and Secretary*
Signature
/s/ Robert Boyle
Stock symbol
PHIN
Transactions as of
Jul 18, 2023
Transactions value $
$0
Form type
4
Date filed
7/20/2023, 07:54 PM
Previous filing
Jun 13, 2023
Next filing
Aug 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PHIN Common Stock Award +7.56K +1221.97% 8.18K Jul 18, 2023 Direct F1, F2, F3
transaction PHIN Common Stock Award +7.74K +94.64% 15.9K Jul 18, 2023 Direct F1, F2, F3
transaction PHIN Common Stock Award +4.52K +28.39% 20.4K Jul 18, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 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 619 shares of common stock of PHINIA that were distributed in respect of BorgWarner shares held by the reporting person.

Remarks:

Vice President, General Counsel and Secretary*