SEC Form 4 · accession 0001225208-17-002702
BORGWARNER INC · BWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Verrier
Officer — President & CEO · Director
Period of report
Feb 7, 2017
Accepted (ET)
Feb 9, 2017 · 2:37 pm EST
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 StockF1 | Feb 7, 2017 | A | 68,220 | $0.00 | A | 377,160 | D | |
| Common StockF2 | Feb 7, 2017 | A | 26,170 | $0.00 | A | 403,330 | D | |
| Common Stock | holding | — | — | — | 1,968 | I | 401K |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares will vest 50% on February 28, 2019 and 100% on February 28, 2020.
- F2Each performance share represented a contingent right to receive a share of BorgWarner common stock based upon the achievement of specified performance criteria related to relative revenue growth.