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PHINIA INC. Director's Dealing 2023

Jul 20, 2023

31602_dirs_2023-07-20_ccf788f2-54a2-4f30-aaa5-7696ea0efbd7.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

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 59034 Direct
2023-07-18 Common Stock A 25510 Acquired 84544 Direct
2023-07-18 Common Stock A 23872 Acquired 108416 Direct
2023-07-18 Common Stock A 13388 Acquired 121804 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 7,944 shares of common stock of PHINIA that were distributed in respect of BorgWarner shares held by the reporting person.