Thomas G. Pitstick - 01 Apr 2025 Form 4 Insider Report for Gates Industrial Corp plc (GTES)

Role
President, Americas
Signature
/s/ Hillary Barrett-Osborne as Attorney-in-Fact
Issuer symbol
GTES
Transactions as of
01 Apr 2025
Net transactions value
-$453,679
Form type
4
Filing time
03 Apr 2025, 16:49:50 UTC
Previous filing
06 Mar 2025
Next filing
20 Jun 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 $492,000 +50,000 +36% $9.84 189,383 01 Apr 2025 Direct F1
transaction GTES Ordinary Shares Tax liability $682,967 -36,778 -19% $18.57 152,605 01 Apr 2025 Direct F2
transaction GTES Ordinary Shares Options Exercise $328,000 +50,000 +33% $6.56 202,605 01 Apr 2025 Direct F1
transaction GTES Ordinary Shares Tax liability $590,712 -31,810 -16% $18.57 170,795 01 Apr 2025 Direct 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 -50,000 -59% $0.000000 34,685 01 Apr 2025 Ordinary Shares 50,000 $9.84 Direct F3
transaction GTES Employee Stock Options (right to buy) Options Exercise $0 -50,000 -59% $0.000000 34,685 01 Apr 2025 Ordinary Shares 50,000 $6.56 Direct 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 tax withholding related obligations in connection with the exercise of the options reported herein.
F3 The amount reported is fully vested.