Key facts
- This page summarizes Blackstone Inc.'s Form 4 filing for Gates Industrial Corp plc (GTES).
- 5 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 23 Aug 2024, 16:40.
Blackstone Inc. - 21 Aug 2024 Form 4 Insider Report for Gates Industrial Corp plc (GTES)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- GTES
- Reported as of
- 21 Aug 2024
- Net transaction value
- -$506,339,986
- SEC form
- 4
- Accepted by SEC
- 23 Aug 2024, 16:40:03 UTC
- Prior SEC filing
- 23 May 2024
- Next SEC filing
- 05 Nov 2025
- Source filing
- View source filing
- Reporting owner signature
- BTO GP L.L.C., By: /s/ Christopher J. James, Name: Christopher J. James, Title: Authorized Signatory
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Blackstone Inc. filed Form 4 for Gates Industrial Corp plc (GTES) on 23 Aug 2024.
Change
- Previous filing in this sequence was filed on 23 May 2024.
- Current net transaction value: -$506,339,986.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
GTES
transaction
Ordinary Shares
Sale
- Transaction value
- $227,953,827
- Shares
- -13,748,723
- Change %
- -59%
- Price
- $16.58
- Shares after
- 9,606,196
- Date
- 21 Aug 2024
- Ownership
- See Footnotes
- Footnotes
- F1, F2, F7, F8, F9, F10, F11
GTES
transaction
Ordinary Shares
Sale
- Transaction value
- $220,423,523
- Shares
- -13,294,543
- Change %
- -59%
- Price
- $16.58
- Shares after
- 9,288,859
- Date
- 21 Aug 2024
- Ownership
- See Footnotes
- Footnotes
- F1, F3, F7, F8, F9, F10, F11
GTES
transaction
Ordinary Shares
Sale
- Transaction value
- $754,738
- Shares
- -45,521
- Change %
- -59%
- Price
- $16.58
- Shares after
- 31,805
- Date
- 21 Aug 2024
- Ownership
- See Footnotes
- Footnotes
- F1, F4, F7, F8, F9, F10, F11
GTES
transaction
Ordinary Shares
Sale
- Transaction value
- $46,493,918
- Shares
- -2,804,217
- Change %
- -59%
- Price
- $16.58
- Shares after
- 1,959,298
- Date
- 21 Aug 2024
- Ownership
- See Footnotes
- Footnotes
- F1, F5, F8, F9, F10, F11
GTES
transaction
Ordinary Shares
Sale
- Transaction value
- $10,713,979
- Shares
- -646,199
- Change %
- -59%
- Price
- $16.58
- Shares after
- 451,496
- Date
- 21 Aug 2024
- Ownership
- See Footnotes
- Footnotes
- F1, F6, F7, F8, F9, F10, F11
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Blackstone Inc. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 11 footnotes
Footnote F1
This amount represents the $16.58 sale price per Ordinary Share in a secondary offering and a related private sale.
Footnote F2
Reflects securities held directly by BX Gates ML-1 Holdco LLC. The sole member of BX Gates ML-1 Holdco LLC is Blackstone Capital Partners (Cayman) VI L.P.
Footnote F3
Reflects securities held directly by BX Gates ML-2 Holdco LLC. The sole member of BX Gates ML-2 Holdco LLC is Blackstone GTS Co-Invest L.P.
Footnote F4
Reflects securities held directly by BX Gates ML-3 Holdco LLC. The sole member of BX Gates ML-3 Holdco LLC is Blackstone Family Investment Partnership (Cayman) VI-ESC L.P.
Footnote F5
Reflects securities held directly by BX Gates ML-4 Holdco LLC. The sole member of BX Gates ML-4 Holdco LLC is BTO Omaha Holdings L.P. The general partner of BTO Omaha Holdings L.P. is BTO Omaha Manager L.L.C. The managing member of BTO Omaha Manager L.L.C. is Blackstone Tactical Opportunities Management Associates (Cayman) L.P. The general partners of Blackstone Tactical Opportunities Management Associates (Cayman) L.P. are BTO GP L.L.C. and Blackstone Tactical Opportunities LR Associates (Cayman) Ltd.
Footnote F6
Reflects securities held directly by BX Gates ML-5 Holdco LLC. The sole member of BX Gates ML-5 Holdco LLC is Omaha Aggregator (Cayman) L.P.
Footnote F7
The general partner of each of Omaha Aggregator (Cayman) L.P., Blackstone Capital Partners (Cayman) VI L.P. and Blackstone GTS Co-Invest L.P. is Blackstone Management Associates (Cayman) VI L.P. The general partners of each of Blackstone Management Associates (Cayman) VI L.P. and Blackstone Family Investment Partnership (Cayman) VI-ESC L.P. are BCP VI GP L.L.C. and Blackstone LR Associates (Cayman) VI Ltd.
Footnote F8
Blackstone Holdings III L.P. is the sole member of each of BCP VI GP L.L.C. and BTO GP L.L.C. and the controlling shareholder of each of Blackstone LR Associates (Cayman) VI Ltd. and Blackstone Tactical Opportunities LR Associates (Cayman) Ltd. The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is Blackstone Inc. The sole holder of Series II preferred stock of Blackstone Inc. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.
Footnote F9
Due to the limitations of the electronic filing system certain Reporting Persons are filing separate Forms 4.
Footnote F10
Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.
Footnote F11
Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.