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PHINIA INC. — Director's Dealing 2023
Dec 19, 2023
31602_dirs_2023-12-19_471a181b-8b8d-4e94-b0cd-e347abd48ad6.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: PHINIA INC. (PHIN)
CIK: 0001968915
Period of Report: 2023-07-18
Reporting Person: Fryer Neil (VP and GM Global Aftermarket)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-07-18 | Common Stock | A | 6170 | — | Acquired | 6764 | Direct |
| 2023-07-18 | Common Stock | A | 6328 | — | Acquired | 13092 | Direct |
| 2023-07-18 | Common Stock | A | 4132 | — | Acquired | 17224 | Direct |
Footnotes
F1: The transactions reported herein are the result of the consummation on July 3, 2023 of the distribution of 100% of the shares of common stock of PHINIA Inc. ("PHINIA") by BorgWarner Inc. ("BorgWarner") to holders of BorgWarner common stock on a pro rata basis (the "Spin-Off").
F2: Represents an award of restricted stock units with respect to PHINIA common stock resulting from the conversion of certain equity-based awards previously granted by BorgWarner as a result of the Spin-Off, each of which will vest on the same schedule as its related pre-conversion award.
F3: Includes 594 shares of common stock of PHINIA that were distributed in respect of BorgWarner shares held by the reporting person. The original Form 4 inadvertently misreported this number as 2,468 shares. This amended Form 4 is being filed solely to revise the number of shares included in this column. The number of shares reported as beneficially owned on the Forms 4 filed by the reporting person on August 31, 2023 and September 26, 2023 are deemed adjusted accordingly.