| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GTES | Ordinary Shares | Options Exercise | $0 | +112 K | +20.74% | $0.00 | 655 K | Feb 6, 2024 | Direct | F1 |
| transaction | GTES | Ordinary Shares | Tax liability | -$648 K | -49.3 K | -7.52% | $13.15 | 606 K | Feb 6, 2024 | Direct | F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GTES | Performance-Based Restricted Stock Units (PBRSU) | Options Exercise | $0 | -112 K | -68% | $0.00 | 52.9 K | Feb 6, 2024 | Ordinary Shares | 112 K | Direct | F1, F3 | |
| transaction | GTES | Performance-Based Restricted Stock Units (PBRSU) | Disposed to Issuer | $0 | -52.9 K | -100% | $0.00 | 0 | Feb 6, 2024 | Ordinary Shares | 52.9 K | Direct | F3, F4 |
| Id | Content |
|---|---|
| F1 | Represents the number of ordinary shares vested pursuant to the performance-based restricted stock unit ("PBRSU") award granted on February 26, 2021, following the Compensation Committee's certification on February 6, 2024 of the Company's achievement of 68% of the three year performance measure, which was based 50% on total shareholder return with relative measures and 50% on adjusted return on invested capital. |
| F2 | Represents ordinary shares withheld to satisfy certain tax and par value withholdings in connection with the vesting of the PBRSUs. |
| F3 | Each PBRSU represents a contingent right to receive one ordinary share. |
| F4 | Represents the portion of the PBRSU award granted on February 26, 2021 that did not vest and was forfeited in connection with the certification described above. |