X0306 4 2020-02-21 false 0001718512 Gates Industrial Corp plc GTES 0001043033 GASTON ROGER C 1144 FIFTEENTH STREET, SUITE 1400 DENVER CO 80202 false true false false Executive VP Human Resources Ordinary Shares 2020-02-22 4 M false 4143 0 A 18014 D Ordinary Shares 2020-02-22 4 F false 1423 12.6 D 16591 D Time-Based Restricted Stock Units 2020-02-21 4 A false 17050 0 A Ordinary Shares 17050 29480 D Employee Stock Options (right to buy) 12.6 2020-02-21 4 A false 44756 0 A 2030-02-21 Ordinary Shares 44756 44756 D Performance-Based Restricted Stock Units (PBRSU) 2020-02-21 4 A false 17566 0 A Ordinary Shares 17566 30372 D Time-Based Restricted Stock Units 2020-02-22 4 M false 4143 0 D Ordinary Shares 4143 25337 D 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). These TBRSUs vest in three substantially equal annual installments beginning on the first anniversary of the grant date. This options award will vest in three substantially equal annual installments beginning on the first anniversary of the grant date. 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 measure, which is based 50% on total shareholder return with absolute and relative measures and 50% on adjusted return on invested capital. This award vests on the date that the compensation committee certifies the achievement of the performance measure following the three-year performance period. Represents time-based restricted stock units (TBRSU) that vested on the anniversary of the grant date. 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 the TBRSUs outstanding subject to future vesting. /s/ Jamey Seely as Attorney-In-Fact 2020-02-25