Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PHIN | Common Stock | Award | +3.58K | +955.73% | 3.96K | Jul 18, 2023 | Direct | F1, F2, F3 | ||
transaction | PHIN | Common Stock | Award | +3.67K | +92.8% | 7.63K | Jul 18, 2023 | Direct | F1, F2, F3 | ||
transaction | PHIN | Common Stock | Award | +1.99K | +26.07% | 9.62K | Jul 18, 2023 | Direct | F1, F2, F3 |
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 375 shares of common stock of PHINIA that were distributed in respect of BorgWarner shares held by the reporting person. |