John Patouhas - Jun 17, 2024 Form 4 Insider Report for Gates Industrial Corp plc (GTES)

Role
Chief Accounting Officer
Signature
/s/ Hillary Barrett-Osborne as Attorney-in-Fact
Stock symbol
GTES
Transactions as of
Jun 17, 2024
Transactions value $
$0
Form type
4
Date filed
6/18/2024, 04:41 PM
Previous filing
Nov 21, 2022

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 Time-Based Restricted Stock Units Award $0 +10K $0.00 10K Jun 17, 2024 Ordinary Shares 10K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each time-based restricted stock units ("TBRSU") represents a contingent right to receive one share of the issuer ordinary shares. The TBRSUs will be settled in either ordinary shares or cash (or a combination thereof).
F2 The reporting person was granted TBRSUs that vest in three substantially equal annual installments beginning on the first anniversary of the grant date. The number set forth in Column 9 reflects all TBRSUs outstanding subject to future vesting.