Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PHIN | Common Stock | Award | +6.17K | +1038.72% | 6.76K | Jul 18, 2023 | Direct | F1, F2, F3 | ||
transaction | PHIN | Common Stock | Award | +6.33K | +93.55% | 13.1K | Jul 18, 2023 | Direct | F1, F2, F3 | ||
transaction | PHIN | Common Stock | Award | +4.13K | +31.56% | 17.2K | Jul 18, 2023 | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | The transactions reported herein are the result of the consummation on July 3, 2023 of the distribution of 100% of the shares of common stock of PHINIA Inc. ("PHINIA") by BorgWarner Inc. ("BorgWarner") to holders of BorgWarner common stock on a pro rata basis (the "Spin-Off"). |
F2 | Represents an award of restricted stock units with respect to PHINIA common stock resulting from the conversion of certain equity-based awards previously granted by BorgWarner as a result of the Spin-Off, each of which will vest on the same schedule as its related pre-conversion award. |
F3 | Includes 594 shares of common stock of PHINIA that were distributed in respect of BorgWarner shares held by the reporting person. The original Form 4 inadvertently misreported this number as 2,468 shares. This amended Form 4 is being filed solely to revise the number of shares included in this column. The number of shares reported as beneficially owned on the Forms 4 filed by the reporting person on August 31, 2023 and September 26, 2023 are deemed adjusted accordingly. |
Vice President and General Manager Global Aftermarket*