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PHINIA INC. — Director's Dealing 2023
Aug 14, 2023
31602_dirs_2023-08-14_1112849c-f11c-4eec-88d9-d7e4149a5d19.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: Ericson Brady D (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-07-18 | Common Stock | A | 51090 | — | Acquired | 52896 | Direct |
| 2023-07-18 | Common Stock | A | 25510 | — | Acquired | 78406 | Direct |
| 2023-07-18 | Common Stock | A | 23872 | — | Acquired | 102278 | Direct |
| 2023-07-18 | Common Stock | A | 13388 | — | Acquired | 115666 | 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: Represents an award of restricted stock 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.
F4: Includes 1,806 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 7,944 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 Form 4 filed by the reporting person on July 27, 2023 are deemed adjusted accordingly.