Craig Aaron - Feb 28, 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 28, 2023
Transactions value $
-$148,442
Form type
4
Date filed
3/2/2023, 03:01 PM
Previous filing
Feb 14, 2023
Next filing
Apr 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWA Common Stock Tax liability -$29.2K -581 -4.32% $50.28 12.9K Feb 28, 2023 Direct F1
transaction BWA Common Stock Tax liability -$35.3K -703 -5.47% $50.28 12.2K Feb 28, 2023 Direct F1
transaction BWA Common Stock Sale -$83.9K -1.66K -13.65% $50.56 10.5K Mar 1, 2023 Direct F2
holding BWA Common Stock 2.25K Feb 28, 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 Feb 28, 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.