Tonit M. Calaway - Feb 6, 2024 Form 4 Insider Report for BORGWARNER INC (BWA)

Role
EVP, CAO, Gen Counsel & Sec
Signature
Miyuki P. Oshima as attorney-in-fact for Tonit M. Calaway
Stock symbol
BWA
Transactions as of
Feb 6, 2024
Transactions value $
$1,204,449
Form type
4
Date filed
2/8/2024, 04:08 PM
Previous filing
Jan 29, 2024
Next filing
Feb 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWA Common Stock Award $0 +28.1K +50.75% $0.00 83.3K Feb 6, 2024 Direct F1
transaction BWA Common Stock Award $1.2M +35.6K +42.72% $33.83 119K Feb 7, 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.