Stefan Demmerle - 23 Feb 2022 Form 4 Insider Report for BORGWARNER INC (BWA)

Role: Vice President
Signature: Tamika A. Frimpong as attorney-in-fact for Stefan Demmerle
Issuer symbol: BWA
Transactions as of: 23 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 23 Feb 2022, 16:44:44 UTC
Previous filing: 18 Feb 2022
Next filing: 02 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BWA	Common Stock	Award	$0	+1,218	+0.79%	$0.000000	156,106	23 Feb 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On February 8, 2022, the reporting person received shares of BorgWarner common stock in respect of performance shares where each performance share represented a contingent right to receive one share of BorgWarner common stock based upon the achievement of specified performance criteria related to relative revenue growth. On February 23, 2022, the reporting person received additional shares of BorgWarner common stock in respect of the performance shares after the issuer determined, and advised the reporting person, that the issuer had inadvertently withheld too many shares of BorgWarner common stock for income tax withholding purposes in connection with the delivery of shares on February 8, 2022.

Content

On February 8, 2022, the reporting person received shares of BorgWarner common stock in respect of performance shares where each performance share represented a contingent right to receive one share of BorgWarner common stock based upon the achievement of specified performance criteria related to relative revenue growth. On February 23, 2022, the reporting person received additional shares of BorgWarner common stock in respect of the performance shares after the issuer determined, and advised the reporting person, that the issuer had inadvertently withheld too many shares of BorgWarner common stock for income tax withholding purposes in connection with the delivery of shares on February 8, 2022.