Gwendolyn Ann Montgomery - 27 Oct 2023 Form 3 Insider Report for Gates Industrial Corp plc (GTES)

Role
SVP, Global Human Resources
Signature
/s/ Hillary Barrett-Osborne, attorney-in-fact
Issuer symbol
GTES
Transactions as of
27 Oct 2023
Net transactions value
$0
Form type
3
Filing time
06 Nov 2023, 16:35:16 UTC
Next filing
27 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GTES Ordinary Shares 26,484 27 Oct 2023 Direct

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
holding GTES Employee Stock Options (right to buy) 27 Oct 2023 Ordinary Shares 54,198 $7.21 Direct F1
holding GTES Employee Stock Options (right to buy) 27 Oct 2023 Ordinary Shares 27,099 $9.84 Direct F1
holding GTES Employee Stock Options (right to buy) 27 Oct 2023 Ordinary Shares 5,000 $17.72 Direct F2
holding GTES Employee Stock Options (right to buy) 27 Oct 2023 Ordinary Shares 11,135 $16.46 Direct F3
holding GTES Employee Stock Options (right to buy) 27 Oct 2023 Ordinary Shares 11,459 $12.60 Direct F4
holding GTES Employee Stock Options (right to buy) 27 Oct 2023 Ordinary Shares 9,286 $15.00 Direct F5
holding GTES Time-Based Restricted Stock Units 27 Oct 2023 Ordinary Shares 1,376 Direct F6, F7
holding GTES Time-Based Restricted Stock Units 27 Oct 2023 Ordinary Shares 11,105 Direct F7, F8
holding GTES Performance-Based Restricted Stock Units 27 Oct 2023 Ordinary Shares 16,656 Direct F9, F10
holding GTES Time-Based Restricted Stock Units 27 Oct 2023 Ordinary Shares 36,747 Direct F7, F11
holding GTES Time-Based Restricted Stock Units 27 Oct 2023 Ordinary Shares 22,435 Direct F7, F12
holding GTES Performance-Based Restricted Stock Units 27 Oct 2023 Ordinary Shares 22,435 Direct F10, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This option award was granted on March 13, 2017. The amount reported is fully vested.
F2 This option award was granted on March 9, 2018. The amount reported is fully vested.
F3 This option award was granted on February 22, 2019. The amount reported is fully vested.
F4 This option award was granted on February 21, 2020. The amount reported is fully vested.
F5 This option award was granted on February 26, 2021, and began vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
F6 This time-based restricted stock unit ("TBRSU") award was granted on February 26, 2021 and started vesting in three substantially equal annual installments beginning on the first anniversary of the grant date. The number reported here reflects the TBRSUs outstanding subject to future vesting.
F7 Each TBRSU represents a contingent right to receive one ordinary share of the Company. The TBRSU will be settled in either ordinary shares or cash (or a combination thereof).
F8 This TBRSU award was granted on February 25, 2022 and started vesting in three substantially equal annual installments beginning on the first anniversary of the grant date. The number reported here reflects the TBRSUs outstanding subject to future vesting.
F9 This performance-based restricted stock unit ("PBRSU") award was granted on February 25, 2022 and vests on the date the compensation committee certifies the achievement of the performance measures following the three-year performance period. The number reported here reflects the PBRSUs outstanding subject to future vesting.
F10 Each PBRSU represents a contingent right to receive one ordinary share of the Company, subject to adjustment based on the Company's achievement of the three-year performance measures.
F11 This TBRSU award was granted on July 27, 2022 and started vesting in three substantially equal annual installments beginning on the first anniversary of the grant date. The number reported here reflects the TBRSUs outstanding subject to future vesting.
F12 This TBRSU award was granted on February 28, 2023 and vests in three substantially equal annual installments beginning on the first anniversary of the grant date. The number reported here reflects the TBRSUs outstanding subject to future vesting.
F13 This PBRSU award was granted on February 28, 2023 and vests on the date the compensation committee certifies the achievement of the performance measures following the three-year performance period. The number reported here reflects the PBRSUs outstanding subject to future vesting.

Remarks:

Exhibit List: Exhibit 24: Power of Attorney