Omaha Aggregator (Cayman) L.P. - Mar 12, 2024 Form 4 Insider Report for Gates Industrial Corp plc (GTES)

Role
10%+ Owner
Signature
OMAHA AGGREGATOR (CAYMAN) L.P., By: Blackstone Management Associates (Cayman) VI L.P., its general partner, By: BCP VI GP L.L.C., a general partner, By: /s/ Tabea Hsi, Name: Tabea Hsi, Title: Authorized Signatory
Stock symbol
GTES
Transactions as of
Mar 12, 2024
Transactions value $
$0
Form type
4
Date filed
3/14/2024, 07:36 PM
Previous filing
Feb 21, 2024
Next filing
May 23, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GTES Call Option (obligation to sell) Sale -750K -50% 750K Mar 12, 2024 Ordinary Shares 750K $17.50 See Footnotes F1, F2, F7, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -726K -50% 726K Mar 12, 2024 Ordinary Shares 726K $17.50 See Footnotes F1, F3, F7, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -2.48K -50% 2.48K Mar 12, 2024 Ordinary Shares 2.48K $17.50 See Footnotes F1, F4, F7, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -153K -50% 153K Mar 12, 2024 Ordinary Shares 153K $17.50 See Footnotes F1, F5, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -35.3K -50% 35.3K Mar 12, 2024 Ordinary Shares 35.3K $17.50 See Footnotes F1, F6, F7, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -750K -50% 750K Mar 12, 2024 Ordinary Shares 750K $18.33 See Footnotes F1, F2, F7, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -726K -50% 726K Mar 12, 2024 Ordinary Shares 726K $18.33 See Footnotes F1, F3, F7, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -2.48K -50% 2.48K Mar 12, 2024 Ordinary Shares 2.48K $18.33 See Footnotes F1, F4, F7, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -153K -50% 153K Mar 12, 2024 Ordinary Shares 153K $18.33 See Footnotes F1, F5, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -35.3K -50% 35.3K Mar 12, 2024 Ordinary Shares 35.3K $18.33 See Footnotes F1, F6, F7, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -750K -50% 750K Mar 12, 2024 Ordinary Shares 750K $19.16 See Footnotes F1, F2, F7, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -726K -50% 726K Mar 12, 2024 Ordinary Shares 726K $19.16 See Footnotes F1, F3, F7, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -2.48K -50% 2.48K Mar 12, 2024 Ordinary Shares 2.48K $19.16 See Footnotes F1, F4, F7, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -153K -50% 153K Mar 12, 2024 Ordinary Shares 153K $19.16 See Footnotes F1, F5, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -35.3K -50% 35.3K Mar 12, 2024 Ordinary Shares 35.3K $19.16 See Footnotes F1, F6, F7, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -750K -50% 750K Mar 12, 2024 Ordinary Shares 750K $20.00 See Footnotes F1, F2, F7, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -726K -50% 726K Mar 12, 2024 Ordinary Shares 726K $20.00 See Footnotes F1, F3, F7, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -2.48K -50% 2.48K Mar 12, 2024 Ordinary Shares 2.48K $20.00 See Footnotes F1, F4, F7, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -153K -50% 153K Mar 12, 2024 Ordinary Shares 153K $20.00 See Footnotes F1, F5, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -35.3K -50% 35.3K Mar 12, 2024 Ordinary Shares 35.3K $20.00 See Footnotes F1, F6, F7, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -750K -50% 750K Mar 12, 2024 Ordinary Shares 750K $20.83 See Footnotes F1, F2, F7, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -726K -50% 726K Mar 12, 2024 Ordinary Shares 726K $20.83 See Footnotes F1, F3, F7, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -2.48K -50% 2.48K Mar 12, 2024 Ordinary Shares 2.48K $20.83 See Footnotes F1, F4, F7, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -153K -50% 153K Mar 12, 2024 Ordinary Shares 153K $20.83 See Footnotes F1, F5, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -35.3K -50% 35.3K Mar 12, 2024 Ordinary Shares 35.3K $20.83 See Footnotes F1, F6, F7, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -750K -50% 750K Mar 12, 2024 Ordinary Shares 750K $21.66 See Footnotes F1, F2, F7, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -726K -50% 726K Mar 12, 2024 Ordinary Shares 726K $21.66 See Footnotes F1, F3, F7, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -2.49K -50% 2.49K Mar 12, 2024 Ordinary Shares 2.49K $21.66 See Footnotes F1, F4, F7, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -153K -50% 153K Mar 12, 2024 Ordinary Shares 153K $21.66 See Footnotes F1, F5, F8, F9, F10, F11, F12
transaction GTES Call Option (obligation to sell) Sale -35.3K -50% 35.3K Mar 12, 2024 Ordinary Shares 35.3K $21.66 See Footnotes F1, F6, F7, F8, F9, F10, F11, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The aggregate premium amounts received by each Reporting Person for the sale of the call options is as follows: (a) $1,687,796.79 to BX Gates ML-1 Holdco LLC, (b) $1,632,041.30 to BX Gates ML-2 Holdco LLC, (c) $5,588.26 to BX Gates ML-3 Holdco LLC, (d) $344,246.30 to BX Gates ML-4 Holdco LLC and (e) $79,327.35 to BX Gates ML-5 Holdco LLC.
F2 Reflects written call options held directly by BX Gates ML-1 Holdco LLC. The sole member of BX Gates ML-1 Holdco LLC is Blackstone Capital Partners (Cayman) VI L.P.
F3 Reflects written call options held directly by BX Gates ML-2 Holdco LLC. The sole member of BX Gates ML-2 Holdco LLC is Blackstone GTS Co-Invest L.P.
F4 Reflects written call options held directly by BX Gates ML-3 Holdco LLC. The sole member of BX Gates ML-3 Holdco LLC is Blackstone Family Investment Partnership (Cayman) VI-ESC L.P.
F5 Reflects written call options held directly by BX Gates ML-4 Holdco LLC. The sole member of BX Gates ML-4 Holdco LLC is BTO Omaha Holdings L.P. The general partner of BTO Omaha Holdings L.P. is BTO Omaha Manager L.L.C. The managing member of BTO Omaha Manager L.L.C. is Blackstone Tactical Opportunities Management Associates (Cayman) L.P. The general partners of Blackstone Tactical Opportunities Management Associates (Cayman) L.P. are BTO GP L.L.C. and Blackstone Tactical Opportunities LR Associates (Cayman) Ltd.
F6 Reflects written call options held directly by BX Gates ML-5 Holdco LLC. The sole member of BX Gates ML-5 Holdco LLC is Omaha Aggregator (Cayman) L.P.
F7 The general partner of each of Omaha Aggregator (Cayman) L.P., Blackstone Capital Partners (Cayman) VI L.P. and Blackstone GTS Co-Invest L.P. is Blackstone Management Associates (Cayman) VI L.P. The general partners of each of Blackstone Management Associates (Cayman) VI L.P. and Blackstone Family Investment Partnership (Cayman) VI-ESC L.P. are BCP VI GP L.L.C. and Blackstone LR Associates (Cayman) VI Ltd.
F8 Blackstone Holdings III L.P. is the sole member of each of BCP VI GP L.L.C. and BTO GP L.L.C. and the controlling shareholder of each of Blackstone LR Associates (Cayman) VI Ltd. and Blackstone Tactical Opportunities LR Associates (Cayman) Ltd. The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is Blackstone Inc. The sole holder of Series II preferred stock of Blackstone Inc. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.
F9 Due to the limitations of the electronic filing system certain Reporting Persons are filing separate Forms 4.
F10 Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.
F11 Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
F12 The Transaction expires evenly over a series of expiration dates from October 29, 2024 to December 13, 2024, inclusive.