SEC Form 4 · accession 0001225208-15-000248
BORGWARNER INC · BWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Phyllis O Bonanno
Director
Period of report
Jan 2, 2015
Accepted (ET)
Jan 5, 2015 · 11:27 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000908255
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1,F2 | — | Jan 2, 2015 | A | 182 | A | — | — | Common Stock | 182 | 12,921 | D |
| Phantom StockF4,F3,F2 | — | Jan 2, 2015 | I | 28 | D | — | — | Common Stock | 28 | 12,894 | D |
Explanation of responses
- F1The number of phantom stock units were accrued under the BorgWarner Inc. Board of Directors Deferred Compensation Plan and are to be settled 100% in cash according to the terms of the plan.
- F2The phantom stock does not have an exercisable date or an expiration date.
- F3Each share of phantom stock entitled the reporting person to receive, on the Transaction Date, the cash equivalent of one share of BorgWarner common stock. Prior to payment, the reporting person had the right to transfer the value of the phantom stock account into an alternative investment account.
- F4Column 9 includes the reporting person's total phantom stock holdings under the BorgWarner Inc. Board of Directors Deferred Compensation Plan as of the date of this report.