Stefan Demmerle - Feb 6, 2024 Form 4 Insider Report for BORGWARNER INC (BWA)

Role
Vice President
Signature
Miyuki P. Oshima as attorney-in-fact for Stefan Demmerle
Stock symbol
BWA
Transactions as of
Feb 6, 2024
Transactions value $
$1,630,335
Form type
4
Date filed
2/8/2024, 04:08 PM
Previous filing
Jun 15, 2023
Next filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWA Common Stock Award $0 +31.2K +16.72% $0.00 218K Feb 6, 2024 Direct F1
transaction BWA Common Stock Award $1.63M +48.2K +22.14% $33.83 266K Feb 7, 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.