0001062993-23-003429.txt : 20230214
0001062993-23-003429.hdr.sgml : 20230214
20230214163813
ACCESSION NUMBER: 0001062993-23-003429
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230212
FILED AS OF DATE: 20230214
DATE AS OF CHANGE: 20230214
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Pitstick Thomas G.
CENTRAL INDEX KEY: 0001848567
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38366
FILM NUMBER: 23630490
MAIL ADDRESS:
STREET 1: C/O GATES INDUSTRIAL CORPORATION PLC
STREET 2: 1144 FIFTEENTH STREET, SUITE 1400
CITY: DENVER
STATE: CO
ZIP: 80202
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Gates Industrial Corp plc
CENTRAL INDEX KEY: 0001718512
STANDARD INDUSTRIAL CLASSIFICATION: GENERAL INDUSTRIAL MACHINERY & EQUIPMENT [3560]
IRS NUMBER: 000000000
STATE OF INCORPORATION: X0
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1144 FIFTEENTH STREET
CITY: DENVER
STATE: CO
ZIP: 80202
BUSINESS PHONE: 303-744-4876
MAIL ADDRESS:
STREET 1: 1144 FIFTEENTH STREET
CITY: DENVER
STATE: CO
ZIP: 80202
4
1
form4.xml
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
X0306
4
2023-02-12
0001718512
Gates Industrial Corp plc
GTES
0001848567
Pitstick Thomas G.
C/O GATES INDUSTRIAL CORPORATION PLC
1144 FIFTEENTH STREET, SUITE 1400
DENVER
CO
80202
0
1
0
0
Chief Marketing Officer & SVP
Ordinary Shares
2023-02-12
4
M
0
4341
0.00
A
34412
D
Ordinary Shares
2023-02-12
4
F
0
1481
13.87
D
32931
D
Performance-Based Restricted Stock Units (PBRSU)
2023-02-12
4
M
0
4341
0.00
D
Ordinary Shares
4341
5995
D
Performance-Based Restricted Stock Units (PBRSU)
2023-02-12
4
D
0
5995
0.00
D
Ordinary Shares
5995
0
D
Represents the number of ordinary shares vested pursuant to the performance-based restricted stock unit ("PBRSU") award granted on February 21, 2020 and reported on the Form 3 filed with the Securities and Exchange Commission on March 2, 2021, following the Compensation Committee's certification on February 12, 2023 of the Company's achievement of 42% of the three year performance measure, which was based 50% on total shareholder return with relative measures and 50% on adjusted return on invested capital.
Represents ordinary shares withheld to satisfy certain tax and par value withholdings in connection with the vesting of the PBRSUs.
Each PBRSU represents a contingent right to receive one ordinary share.
Represents the portion of the PBRSU award granted on February 21, 2020 that did not vest and was forfeited in connection with the certification described above.
/s/ Hillary Barrett-Osborne
2023-02-14