SEC Form 4 · accession 0001225208-16-037669
BORGWARNER INC · BWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brady D Ericson
Officer — Vice President
Period of report
Aug 9, 2016
Accepted (ET)
Aug 10, 2016 · 12:36 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000908255
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 9, 2016 | M | 16,240 | $17.473 | A | 70,156 | D | |
| Common StockF1 | Aug 9, 2016 | S | 16,240 | $33.7705 | D | 53,916 | D | |
| Common Stock | holding | — | — | — | 5,454 | I | By 401k | |
| Common Stock | holding | — | — | — | 30 | I | By daughter | |
| Common Stock | holding | — | — | — | 30 | I | By Son 1 | |
| Common Stock | holding | — | — | — | 30 | I | By Son 2 |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock optionF2 | $17.473 | Aug 9, 2016 | M | 16,240 | D | — | Feb 6, 2017 | Common Stock | 16,240 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions from $33.61 to $33.85, inclusive. The reporting person undertakes to provide BorgWarner, any security holder of BorgWarner, or the staff of the SEC, upon request, full information regarding the number of shares sold at each price within the ranges set forth in Footnote 1 of this Form 4.
- F2The listed securities were currently exercisable.