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

Signature
Miyuki P. Oshima as attorney-in-fact for Craig Aaron
Stock symbol
BWA
Transactions as of
Feb 28, 2024
Transactions value $
-$46,478
Form type
4
Date filed
3/1/2024, 04:31 PM
Previous filing
Feb 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWA Common Stock Tax liability -$22K -715 -1.73% $30.78 40.5K Feb 28, 2024 Direct F1
transaction BWA Common Stock Tax liability -$24.5K -795 -1.96% $30.78 39.7K Feb 28, 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 Feb 28, 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.