Tonit M. Calaway - Feb 23, 2022 Form 4 Insider Report for BORGWARNER INC (BWA)

Signature
Tamika A. Frimpong as attorney-in-fact for Tonit M. Calaway
Stock symbol
BWA
Transactions as of
Feb 23, 2022
Transactions value $
$0
Form type
4
Date filed
2/23/2022, 04:44 PM
Previous filing
Feb 18, 2022
Next filing
Feb 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWA Common Stock Award $0 +404 +0.61% $0.00 66.8K Feb 23, 2022 Direct F1
holding BWA Common Stock 6.25K Feb 23, 2022 By 401k F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 8, 2022, the reporting person received shares of BorgWarner common stock in respect of performance shares where 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. On February 23, 2022, the reporting person received additional shares of BorgWarner common stock in respect of the performance shares after the issuer determined, and advised the reporting person, that the issuer had inadvertently withheld too many shares of BorgWarner common stock for income tax withholding purposes in connection with the delivery of shares on February 8, 2022.
F2 From 01/01/21 to 12/31/21, the reporting person acquired 86.9750 shares in the 401K plan. Column 5 includes the reporting person's total stock holdings in the 401K plan as of 12/31/21.