Ivo Jurek - Mar 7, 2025 Form 4 Insider Report for Gates Industrial Corp plc (GTES)

Role
Chief Executive Officer, Director
Signature
/s/ Hillary Barrett-Osborne as Attorney-in-Fact
Stock symbol
GTES
Transactions as of
Mar 7, 2025
Transactions value $
-$5,910,151
Form type
4
Date filed
3/11/2025, 07:13 PM
Previous filing
Mar 6, 2025
Next filing
Apr 4, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTES Ordinary Shares Options Exercise $6.67M +1.02M +99.1% $6.56 2.04M Mar 7, 2025 Direct F1
transaction GTES Ordinary Shares Tax liability -$12.6M -634K -31.03% $19.84 1.41M Mar 7, 2025 Direct F2
transaction GTES Ordinary Shares Options Exercise $6.67M +1.02M $6.56 1.02M Mar 7, 2025 By Trust F1
transaction GTES Ordinary Shares Tax liability -$6.67M -336K -33.06% $19.84 681K Mar 7, 2025 By Trust F2

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
transaction GTES Performance Based Stock Options Options Exercise $0 -1.02M -100% $0.00 0 Mar 7, 2025 Ordinary Shares 1.02M $6.56 Direct F3
transaction GTES Employee Stock Options (right to buy) Options Exercise $0 -1.02M -100% $0.00 0 Mar 7, 2025 Ordinary Shares 1.02M $6.56 By Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the exercise of options prior to their expiration.
F2 Represents ordinary shares withheld to satisfy the exercise price and/or tax withholding related obligations in connection with the exercise of the options reported herein.
F3 The amount reported is fully vested.