Frederic Lissalde - 06 Feb 2024 Form 4 Insider Report for BORGWARNER INC (BWA)

Signature
Miyuki P. Oshima as attorney-in-fact for Frederic B. Lissalde
Issuer symbol
BWA
Transactions as of
06 Feb 2024
Transactions value $
$6,039,636
Form type
4
Filing time
08 Feb 2024, 15:22:08 UTC
Previous filing
14 Dec 2023
Next filing
15 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWA Common Stock Award $0 +111K +28.23% $0.00 503K 06 Feb 2024 Direct F1
transaction BWA Common Stock Award $6.04M +179K +35.52% $33.83 681K 07 Feb 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares will vest 50% on February 28, 2026 and 100% on February 28, 2027.
F2 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.