Craig Aaron - 08 Feb 2022 Form 4 Insider Report for BORGWARNER INC (BWA)

Signature
Tamika A. Frimpong as attorney-in-fact for Craig Aaron
Issuer symbol
BWA
Transactions as of
08 Feb 2022
Net transactions value
$0
Form type
4
Filing time
10 Feb 2022, 12:43:10 UTC
Previous filing
19 Oct 2021
Next filing
18 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWA Common Stock Award $0 +3,448 +25% $0.000000 17,252 08 Feb 2022 Direct F1
holding BWA Common Stock 2,234 08 Feb 2022 By 401k 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
holding BWA Phantom Stock 192 08 Feb 2022 Common Stock 192 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance share represented a contingent right to receive one share of BorgWarner common stock based upon the achievement of specified performance criteria related to relative revenue growth.
F2 From 01/01/21 to 12/31/21, the reporting person acquired 31.1370 shares in the 401K plan. Column 5 includes the reporting person's total stock holdings in the 401K plan as of 12/31/21.
F3 Each phantom stock unit is the economic equivalent of one sare of BorgWarner Inc. common stock.
F4 The phantom stock units were acquired under the BorgWarner Inc. Excess Benefit Plan and are to be settled 100% in cash upon the reporting person's retirement or separataion from service.