Montgomery Gwendolyn Ann 4
4 · Gates Industrial Corp plc · Filed Jan 31, 2025
Insider Transaction Report
Form 4
Montgomery Gwendolyn Ann
Chief Human Resources Officer
Transactions
- Exercise/Conversion
Ordinary Shares
2025-01-29+20,153→ 74,582 total - Exercise/Conversion
Performance-Based Restricted Stock Units (PBRSU)
2025-01-29−16,656→ 0 total→ Ordinary Shares (16,656 underlying) - Tax Payment
Ordinary Shares
2025-01-29$20.25/sh−9,114$184,559→ 65,468 total
Footnotes (3)
- [F1]Represents ordinary shares that vested pursuant to the performance-based restricted stock unit ("PBRSU") award granted on February 25, 2022, following the Compensation Committee's certification on January 29, 2025 of the Company's achievement of 121% of target for the three year performance measure, which was based 25% on total shareholder return with relative measures and 75% on adjusted return on invested capital.
- [F2]Represents ordinary shares withheld to satisfy certain tax and par value withholdings in connection with the vesting of the PBRSUs.
- [F3]Each PBRSU represents a contingent right to receive one ordinary share.