SEC Form 3 · accession 0001246360-18-002623
Gates Industrial Corp Ltd. · GTES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Grant Gawronski
Officer — EVP & Chief Commercial Officer
Period of report
Dec 10, 2018
Accepted (ET)
Dec 10, 2018 · 5:07 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001718512
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares | holding | — | — | — | 30,955 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (right to buy)F1 | $17.72 | holding | — | — | — | — | Mar 8, 2028 | Ordinary Shares | 220,000 | — | D |
| Time-Based Restricted Stock UnitsF2,F3 | — | holding | — | — | — | — | — | Ordinary Shares | 50,833 | — | D |
Explanation of responses
- F1The options vest in the following increments: 55,000 on March 8, 2019; 55,000 on March 8, 2020; 55,000 on March 8, 2021; and 55,000 on March 8, 2022.
- F2Each time-based restricted stock unit represents a contingent right to receive one ordinary share.
- F3The time-based restricted stock units will vest in the following increments: 25,431 on December 4, 2019 and 25,432 on December 4, 2020.