Terry A. Klebe - Feb 25, 2022 Form 4 Insider Report for Gates Industrial Corp plc (GTES)

Role
Director
Signature
/s/ Hillary Barrett-Osborne
Stock symbol
GTES
Transactions as of
Feb 25, 2022
Transactions value $
-$95
Form type
4
Date filed
3/1/2022, 05:16 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTES Ordinary Shares Award $0 +7.93K +9.1% $0.00 95.1K Feb 25, 2022 Direct F1
transaction GTES Ordinary Shares Tax liability -$95 -6 -0.01% $15.76 95.1K Feb 28, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents time-based restricted stock units ("TBRSU") which, subject to the applicable award agreement, vest on the first anniversary date of the grant. Each TBRSU represents a contingent right to receive one ordinary share of the registrant.
F2 Represents ordinary shares withheld by the Company to satisfy payment of par value upon vesting of previously granted TBRSUs in accordance with U.K. corporate law.