X0306 4 2019-02-22 false 0001718512 Gates Industrial Corp plc GTES 0001736645 Wisniewski David M 1144 FIFTEENTH STREET, SUITE 1400 DENVER CO 80202 false true false false Chief Accounting Officer Time-Based Restricted Stock Units 2019-02-22 4 A false 5807 0 A Ordinary Shares 5807 13364 D Performance-Based Restricted Stock Units (PBRSU) 2019-02-22 4 A false 5982 0 A Ordinary Shares 5982 5982 D Employee Stock Options (right to buy) 16.46 2019-02-22 4 A false 16230 0 A 2029-02-22 Ordinary Shares 16230 16230 D Each time-based restricted stock unit represents a contingent right to receive one ordinary share. The time-based restricted stock units ("TBRSU") will, subject to the applicable award agreement, vest in the following increments: 1,935 on February 21, 2020; 1,936 on February 21, 2021 and 1,936 on February 21, 2022. Each performance-based restricted stock unit 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. The performance period over which the performance period is measured ends of January 1, 2022. Subject to the applicable award agreement, this award vests in the following increments: 5,409 on February 21, 2020; 5,410 on February 21, 2021 and 5,411 on February 21, 2022. /s/ Jamey Seely as Attorney-In-Fact 2019-02-26