Craig Aaron - 28 Feb 2024 Form 4 Insider Report for BORGWARNER INC (BWA)

Signature
Miyuki P. Oshima as attorney-in-fact for Craig Aaron
Issuer symbol
BWA
Transactions as of
28 Feb 2024
Net transactions value
-$46,478
Form type
4
Filing time
01 Mar 2024, 16:31:27 UTC
Previous filing
08 Feb 2024
Next filing
05 Feb 2026

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWA Common Stock Tax liability $22,008 -715 -1.7% $30.78 40,537 28 Feb 2024 Direct F1
transaction BWA Common Stock Tax liability $24,470 -795 -2% $30.78 39,742 28 Feb 2024 Direct F1

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 2024 Common Stock 192 Direct F2, F3
* 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 Each phantom stock unit is the economic equivalent of one sare of BorgWarner Inc. common stock.
F3 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.