Montgomery Gwendolyn Ann 4
4 · Gates Industrial Corp plc · Filed Mar 4, 2025
Insider Transaction Report
Form 4
Montgomery Gwendolyn Ann
Chief Human Resources Officer
Transactions
- Exercise/Conversion
Ordinary Shares
2025-02-28+7,478→ 76,068 total - Tax Payment
Ordinary Shares
2025-02-28$21.30/sh−3,274$69,736→ 72,794 total - Award
Performance-Based Restricted Stock Units
2025-02-28+18,119→ 18,119 total→ Ordinary Shares (18,119 underlying) - Exercise/Conversion
Time-Based Restricted Stock Units
2025-02-28−7,478→ 69,448 total→ Ordinary Shares (7,478 underlying) - Award
Time-Based Restricted Stock Units
2025-02-28+18,119→ 76,926 total→ Ordinary Shares (18,119 underlying)
Footnotes (6)
- [F1]Represents time-based restricted stock units ("TBRSU") that vested on the anniversary of the grant date.
- [F2]Represents ordinary shares withheld to satisfy par value and certain tax withholding related obligations in connection with the vesting of previously granted TBRSUs.
- [F3]Each performance-based restricted stock unit ("PBRSU") represents a contingent right to receive one ordinary share, subject to adjustment based on the Company's achievement of the three-year performance measures.
- [F4]This PBRSU award vests on the date the compensation committee certifies the achievement of the performance measures following the three-year performance period.
- [F5]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).
- [F6]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.