Todd L. Anderson - 18 Jul 2023 Form 4/A Insider Report for PHINIA INC. (PHIN)

Signature
/s/ Kelly A. Albin as attorney-in-fact for Todd L. Anderson
Issuer symbol
PHIN
Transactions as of
18 Jul 2023
Net transactions value
$0
Form type
4/A
Filing time
06 Feb 2024, 12:21:05 UTC
Date Of Original Report
20 Jul 2023
Previous filing
13 Jul 2023
Next filing
31 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PHIN Common Stock Award +7,166 +320% 9,404 18 Jul 2023 Direct F1, F2, F3
transaction PHIN Common Stock Award +7,522 +80% 16,926 18 Jul 2023 Direct F1, F2, F3
transaction PHIN Common Stock Award +4,908 +29% 21,834 18 Jul 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 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 2,238 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 2,132 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, September 26, 2023, and December 19, 2023, are deemed adjusted accordingly.

Remarks:

Exhibit 24, Power of Attorney, is attached.