Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GTES | Ordinary Shares | Options Exercise | $0 | +16.5K | +22.76% | $0.00 | 89K | Feb 6, 2024 | Direct | F1 |
transaction | GTES | Ordinary Shares | Tax liability | -$99.2K | -7.54K | -8.47% | $13.15 | 81.5K | Feb 6, 2024 | 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 | -16.5K | -68% | $0.00 | 7.77K | Feb 6, 2024 | Ordinary Shares | 16.5K | Direct | F1, F3 | |
transaction | GTES | Performance-Based Restricted Stock Units (PBRSU) | Disposed to Issuer | $0 | -7.77K | -100% | $0.00* | 0 | Feb 6, 2024 | Ordinary Shares | 7.77K | 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 26, 2021, following the Compensation Committee's certification on February 6, 2024 of the Company's achievement of 68% 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 26, 2021 that did not vest and was forfeited in connection with the certification described above. |