Craig Aaron - Feb 8, 2023 Form 4 Insider Report for BORGWARNER INC (BWA)

Role: VP & Controller
Signature: Miyuki P. Oshima as attorney-in-fact for Craig Aaron
Stock symbol: BWA
Transactions as of: Feb 8, 2023
Transactions value $: $190,950
Form type: 4
Date filed: 2/10/2023, 02:56 PM
Previous filing: Mar 2, 2022
Next filing: Feb 14, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BWA	Common Stock	Award	$191K	+4.1K	+21.58%	$46.63	23.1K	Feb 8, 2023	Direct	F1
holding	BWA	Common Stock						2.25K	Feb 8, 2023	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	Feb 8, 2023	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 01/01/22 to 12/31/22, the reporting person acquired 20.5090 shares in the 401K plan. Column 5 includes the reporting person's total stock holdings in the 401K plan as of 12/31/22.
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.