Craig Aaron - 28 Feb 2023 Form 4 Insider Report for BORGWARNER INC (BWA)

Role
VP & Controller
Signature
Miyuki P. Oshima as attorney-in-fact for Craig Aaron
Issuer symbol
BWA
Transactions as of
28 Feb 2023
Net transactions value
-$148,442
Form type
4
Filing time
02 Mar 2023, 15:01:18 UTC
Previous filing
14 Feb 2023
Next filing
28 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWA Common Stock Tax liability $29,213 -581 -4.3% $50.28 12,854 28 Feb 2023 Direct F1
transaction BWA Common Stock Tax liability $35,347 -703 -5.5% $50.28 12,151 28 Feb 2023 Direct F1
transaction BWA Common Stock Sale $83,882 -1,659 -14% $50.56 10,492 01 Mar 2023 Direct F2
holding BWA Common Stock 2,254 28 Feb 2023 By 401k F3

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 28 Feb 2023 Common Stock 192 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to cover taxes due upon the vesting of certain restricted stock awards.
F2 The price in Column 4 is a weighted average price. The actual prices received ranged from $50.55 to $50.57. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
F3 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.
F4 Each phantom stock unit is the economic equivalent of one sare of BorgWarner Inc. common stock.
F5 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.