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Gates Industrial Corp plc — Director's Dealing 2020
Feb 26, 2020
30873_dirs_2020-02-25_766652ab-2bc5-455f-9dc4-b173da68afb0.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Gates Industrial Corp plc (GTES)
CIK: 0001718512
Period of Report: 2020-02-22
Reporting Person: SEELY JAMEY S (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-22 | Ordinary Shares | M | 4402 | — | Acquired | 7353 | Direct |
| 2020-02-22 | Ordinary Shares | F | 1471 | $12.6 | Disposed | 5882 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-02-22 | Time-Based Restricted Stock Units | $ | M | 4402 | Disposed | Ordinary Shares (4402) | Direct |
Footnotes
F1: Represents time-based restricted stock units (TBRSU) that vested on the anniversary of the grant date.
F2: Each TBRSU represents a contingent right to receive one share of the issuer ordinary shares. The TBRSUs will be settled in either ordinary shares or cash (or a combination thereof).
F3: The reporting person was granted TBRSUs that vest in three substantially equal annual installments beginning on the first anniversary of the grant date. The number set forth in Column 9 reflects the TBRSUs outstanding subject to future vesting.
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