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BORGWARNER INC — Director's Dealing 2024
Feb 8, 2024
30633_dirs_2024-02-08_01175c78-2af7-45bb-a28a-fa099c3205c7.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: 2024-02-06
Reporting Person: Aaron Craig (VP & Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-06 | Common Stock | A | 19930.0000 | $0.0000 | Acquired | 34503.2100 | Direct |
| 2024-02-07 | Common Stock | A | 6749.0000 | $33.8300 | Acquired | 41252.2100 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Stock | $ | Common Stock (192.1920) | 192.1920 | Direct |
Footnotes
F1: The shares will vest 50% on February 28, 2026 and 100% on February 28, 2027.
F2: Each performance share represented a contingent right to receive one share of BorgWarner common stock based upon the achievement of specified performance criteria related to relative revenue growth.
F3: Each phantom stock unit is the economic equivalent of one sare of BorgWarner Inc. common stock.
F4: 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.