Gates Industrial Corp plc — Director's Dealing 2023

Feb 23, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Gates Industrial Corp plc (GTES)
CIK: 0001718512
Period of Report: 2023-02-21

Reporting Person: Wisniewski David M (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-21	Ordinary Shares	M	2779	$0.00	Acquired	21387	Direct
2023-02-21	Ordinary Shares	F	896	$14.16	Disposed	20491	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-21	Time-Based Restricted Stock Units	$	M	2779	Disposed		Ordinary Shares (2779)	Direct

Footnotes

F1: Represents time-based restricted stock units ("TBRSU") that vested on the anniversary of the grant date.

F2: Represents ordinary shares withheld to satisfy certain tax withholding related obligations in connection with the vesting of previously granted TBRSUs.

F3: 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).

F4: 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 all TBRSUs outstanding subject to future vesting.