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BORGWARNER INC — Director's Dealing 2010
Mar 11, 2010
30633_dirs_2010-03-11_879e983c-e694-4445-9ef2-175a4c686a15.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BORGWARNER INC (BWA)
CIK: 0000908255
Period of Report: 2010-03-10
Reporting Person: BONANNO PHYLLIS O (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-03-10 | Common Stock | M | 4000 | $9.8984 | Acquired | 25215 | Direct |
| 2010-03-10 | Common Stock | D | 4000 | $37.096 | Disposed | 21215 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-03-10 | Stock option | $9.8984 | M | 4000 | Disposed | 2011-01-16 | Common Stock (4000) | Direct |
Footnotes
F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.07 to $37.11, 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 separate price within the ranges set forth in footnote (1) of this Form 4.
F2: The options vested 50% on the second anniversary of the grant date and 100% on the third anniversary of the grant date.