SEC Form 4 · accession 0001225208-18-002300
BORGWARNER INC · BWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J Gasparovic
Officer — EVP, Chief Legal Officer & Sec
Period of report
Feb 6, 2018
Accepted (ET)
Feb 8, 2018 · 2:28 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 6, 2018 | A | 9,684 | $0.00 | A | 73,883 | D | |
| Common StockF2 | Feb 6, 2018 | A | 7,358 | $0.00 | A | 81,241 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Each 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.
- F2The shares will vest 50% on February 28, 2020 and 100% on February 28, 2021.