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BORGWARNER INC — Director's Dealing 2023
Mar 2, 2023
30633_dirs_2023-03-02_94e98a97-2c02-4fc5-aceb-78cb075f70ee.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: 2023-02-28
Reporting Person: Aaron Craig (VP & Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-28 | Common Stock | F | 581.0000 | $50.2800 | Disposed | 12853.9200 | Direct |
| 2023-02-28 | Common Stock | F | 703.0000 | $50.2800 | Disposed | 12150.9200 | Direct |
| 2023-03-01 | Common Stock | S | 1659.0000 | $50.5619 | Disposed | 10491.9200 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2254.0210 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Stock | $ | Common Stock (192.1920) | 192.1920 | Direct |
Footnotes
F1: Represents shares withheld to cover taxes due upon the vesting of certain restricted stock awards.
F2: The price in Column 4 is a weighted average price. The actual prices received ranged from $50.55 to $50.57. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
F3: From 01/01/22 to 12/31/22, the reporting person acquired 20.5090 shares in the 401K plan. Column 5 includes the reporting person's total stock holdings in the 401K plan as of 12/31/22.
F4: Each phantom stock unit is the economic equivalent of one sare of BorgWarner Inc. common stock.
F5: The phantom stock units were acquired under the BorgWarner Inc. Excess Benefit Plan and are to be settled 100% in cash upon the reporting person's retirement or separataion from service.