Volker Weng - 06 Feb 2024 Form 4 Insider Report for BORGWARNER INC (BWA)

Role
Vice President
Signature
Miyuki P. Oshima as attorney-in-fact for Volker Weng
Issuer symbol
BWA
Transactions as of
06 Feb 2024
Net transactions value
+$1,028,161
Form type
4
Filing time
08 Feb 2024, 16:08:39 UTC
Previous filing
28 Apr 2023
Next filing
01 Mar 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 +23,350 +27% $0.000000 108,838 06 Feb 2024 Direct F1
transaction BWA Common Stock Award $1,028,161 +30,392 +28% $33.83 139,230 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.