Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GTES | Ordinary Shares | Options Exercise | $0 | +2.39K | +28.46% | $0.00 | 10.8K | Jan 28, 2022 | Direct | F1 |
transaction | GTES | Ordinary Shares | Tax liability | -$12.3K | -820 | -7.59% | $15.03 | 9.98K | Jan 28, 2022 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GTES | Performance-Based Restricted Stock Units (PBRSU) | Options Exercise | $0 | -2.39K | -40% | $0.00 | 3.59K | Jan 28, 2022 | Ordinary Shares | 2.39K | Direct | F1, F3 | |
transaction | GTES | Performance-Based Restricted Stock Units (PBRSU) | Disposed to Issuer | $0 | -3.59K | -100% | $0.00* | 0 | Jan 28, 2022 | Ordinary Shares | 3.59K | Direct | F3, F4 |
Id | Content |
---|---|
F1 | Represents the number of ordinary shares vested pursuant to the performance-based restricted stock unit ("PBRSU") award granted on February 22, 2019 and reported on the Form 4 filed with the Securities and Exchange Commission on February 26, 2019, following the Compensation Committee's certification on January 28, 2022 of the Company's achievement of 40% of the three year performance measure, which was based 50% on total shareholder return with relative measures and 50% on adjusted return on invested capital. |
F2 | Represents ordinary shares withheld to satisfy certain tax and par value withholdings in connection with the vesting of the PBRSUs. |
F3 | Each PBRSU represents a contingent right to receive one ordinary share. |
F4 | Represents the portion of the PBRSU award granted on February 22, 2019 that did not vest and was forfeited in connection with the certification described above. |