---
schema_version: "secwatch.filing_event.v1"
accession: "0001718512-22-000039"
form_type: "8-K"
ticker: "GTES"
cik: "0001718512"
company_name: "Gates Industrial Corp plc"
filed_at: "2022-07-29T23:59:59+00:00"
generated_at: "2026-06-24T07:00:44.490097+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Gates Industrial awards 754,830 RSUs to three NEOs; COO Lifsey transitions to part-time role

## Summary
- CEO Ivo Jurek receives 560,000 RSUs; CFO Brooks Mallard 118,380; CMO Thomas Pitstick 76,450 (vest in equal thirds over 3 years).
- Walter Lifsey resigns as COO effective Aug 1, 2022; becomes part-time Executive Fellow through Sep 1, 2023 at $300,000 annual salary.
- Lifsey's outstanding equity awards continue to vest during part-time period; he remains eligible for health/welfare plans and reduced bonus.
- Retention grants aim to enhance retention of named executive officers; Lifsey's transition is voluntary retirement with continuity support.

## SEC filing metadata
- accession: 0001718512-22-000039
- form_type: 8-K
- ticker: GTES
- cik: 0001718512
- company_name: Gates Industrial Corp plc
- filed_at: 2022-07-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1718512/000171851222000039/0001718512-22-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1718512/000171851222000039/gtes-20220725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001718512-22-000039
- JSON: https://secwatch.observer/filing/0001718512-22-000039.json
- Plain text: https://secwatch.observer/filing/0001718512-22-000039.txt

## Key facts
- Executive change
  Walter Lifsey changed role as Executive Vice President and Chief Operating Officer at Gates Industrial Corp plc.
  - Action: transitioned
  - Role: Executive Vice President and Chief Operating Officer
  source text: Walter Lifsey notified Gates Industrial Corporation plc (the “Company”) of his intention to transition from his position as Executive Vice President and Chief Operating Officer to a new non-executive officer role, effective August 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1718512/000171851222000039/0001718512-22-000039-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.