Tonit M. Calaway - 06 Feb 2024 Form 4 Insider Report for BORGWARNER INC (BWA)

Role
EVP, CAO, Gen Counsel & Sec
Signature
Miyuki P. Oshima as attorney-in-fact for Tonit M. Calaway
Issuer symbol
BWA
Transactions as of
06 Feb 2024
Net transactions value
+$1,204,449
Form type
4
Filing time
08 Feb 2024, 16:08:31 UTC
Previous filing
29 Jan 2024
Next filing
12 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWA Common Stock Award $0 +28,060 +51% $0.000000 83,348 06 Feb 2024 Direct F1
transaction BWA Common Stock Award $1,204,449 +35,603 +43% $33.83 118,951 07 Feb 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares will vest 50% on February 28, 2026 and 100% on February 28, 2027.
F2 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.