Ivo Jurek - 07 Mar 2025 Form 4 Insider Report for Gates Industrial Corp plc (GTES)

Role
Chief Executive Officer, Director
Signature
/s/ Hillary Barrett-Osborne as Attorney-in-Fact
Issuer symbol
GTES
Transactions as of
07 Mar 2025
Net transactions value
-$5,910,151
Form type
4
Filing time
11 Mar 2025, 19:13:57 UTC
Previous filing
06 Mar 2025
Next filing
04 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTES Ordinary Shares Options Exercise $6,673,088 +1,017,239 +99% $6.56 2,043,693 07 Mar 2025 Direct F1
transaction GTES Ordinary Shares Tax liability $12,583,242 -634,236 -31% $19.84 1,409,457 07 Mar 2025 Direct F2
transaction GTES Ordinary Shares Options Exercise $6,673,088 +1,017,239 $6.56 1,017,239 07 Mar 2025 By Trust F1
transaction GTES Ordinary Shares Tax liability $6,673,085 -336,345 -33% $19.84 680,894 07 Mar 2025 By Trust F2

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 Performance Based Stock Options Options Exercise $0 -1,017,239 -100% $0.000000 0 07 Mar 2025 Ordinary Shares 1,017,239 $6.56 Direct F3
transaction GTES Employee Stock Options (right to buy) Options Exercise $0 -1,017,239 -100% $0.000000 0 07 Mar 2025 Ordinary Shares 1,017,239 $6.56 By Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the exercise of options prior to their expiration.
F2 Represents ordinary shares withheld to satisfy the exercise price and/or tax withholding related obligations in connection with the exercise of the options reported herein.
F3 The amount reported is fully vested.