BORG WARNER AUTOMOTIVE INC
3, 1999-07-01
MOTOR VEHICLE PARTS & ACCESSORIES
Previous: GLOBAL SMALL CAP FUND INC, SC 13D/A, 1999-07-01
Next: TRI COUNTY BANCORP INC, 4, 1999-07-01



                  UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, D.C.  20549
- ------------------------------------------------------------------------------
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Act of 1934, Section 17(a) of
the Public Utility Holding Company Act of 1935 or Section 30(f) of the
Investment Company Act of 1940

1.   Name and Address of Reporting Person
     Jeffrey Obermayer
     200 S. Michigan Ave.
     Chicago, IL 60604
2.   Date of Event Requiring Statement (Month/Day/Year)
     6/23/99
3.   IRS Identification Number of Reporting Person, if an Entity (Voluntary)
     -
4.   Issuer Name and Ticker or Trading Symbol
     Borg-Warner Automotive, Inc. (BWA)
5.   Relationship of Reporting Person to Issuer (Check all applicable)
     ( ) Director (x) Officer (give title below) ( ) 10% Owner ( ) Other
          Acting Treasurer(specify below)
6.   If Amendment, Date of Original (Month/Day/Year)

7.   Individual or Joint/Group Filing (Check applicable line)
     /x/ Form Filed by One Reporting Person
     --- Form Filed by More Than One Reporting Person
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------
Table I - Non-Derivative Securities Beneficially Owned
- -------------------------------------------------------------------------------
1.Title of Security|2.Amount of Securities|3. Ownership Form;|4.Nature of
                   |  Beneficially Owned  |   Direct (D) or  |  Indirect Bene-
                   |                      |   Indirect (I)   |  ficial Ownership
- -------------------------------------------------------------------------------
<S>                |      <C>             |       <C>        |        <C>
Common Stock       |     2,000            |       D          |
- -------------------------------------------------------------------------------
<CAPTION>
Table II - Derivative Securities Beneficially Owned (e.g. puts, calls, warrants,
options, convertible securities )
- -------------------------------------------------------------------------------
1. Title of Derivative|2.Date Exercisable |3. Title and Amount    |4.Conversion|
   Security           |  And Expiration   |   Of Securities Under-| or Exercise|
                      |  Date (Month/Day/ |   lying Derivative    | Price of|
                      |  Year)            |   Security            | Derivative|
                      |  Date   |Expir-   |                       | Security
                      |  Exer-  |ation    |       |Amount or #    |
                      |  cisable|Date     |  Title| of shares     |
- -----------------------------------------------------------------------------
<S>                      <C>       <C>       <C>       <C>       <C>
Employee Stock Option
(Right to Buy)        | 7/24/99 | 7/24/07 | Common Stock | 613    | $55.00
Employee Stock Option |         |         |              |        |
(Right to Buy)        | 7/24/00 | 7/24/07 | Common Stock | 612    | $55.00
Employee Stock Option |         |         |              |        |
(Right to Buy)        | 7/21/00 | 7/21/08 | Common Stock | 650    | $50.9063
Employee Stock Option |         |         |              |        |
(Right to Buy)        | 7/21/01 | 7/21/08 | Common Stock | 650    | $55.9063
- ------------------------------------------------------------------------------
5. Ownership Form of          | 6. Nature of Indirect  |
   Derivative Security:       |    Beneficial Ownership|
   Direct (D) Indirect (I)    |                        |
- -------------------------------------------------------------------------------
     <S>                      |         <C>            |
     D
     D
     D
     D
</TABLE>

Signature of Reporting Person
/s/  Laurene H. Horiszny
     as attorney-in-fact for Jeffrey Obermayer
Date: 7/1/99

                                                 ATTACHMENT

                                              POWER OF ATTORNEY

Know by all these presents, that the undersigned hereby constitutes and
appoints Laurene H. Horiszny, the undersigned's true and lawful attorney-in-
fact, with respect to the equity and equity related securities of Borg-
Warner Automotive, Inc. (the "Company") to: (1) prepare and execute, for and on
behalf of the undersigned, such documents as may be required from time to time
by Section 16 of the Securities Exchange Act of 1934, as amended, and rules
thereunder (collectively, the "Exchange Act");

     (2) do and perform any and all acts for and on behalf of the undersigned
which may be necessary or desirable to comply with the requirements of Section
16 of the Exchange Act including, but not limited to, executing documents
required by such section and effecting the timely filing thereof with the
United States Securities and Exchange Commission and any stock exchange or
similar authority;

     (3) take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of such attorney-in-fact, may be of benefit to,
in the best interest of, or legally required by, the undersigned, it being
understood that the documents executed by such attorney-in-fact on behalf of
the undersigned pursuant to this Power of Attorney shall be in such form and
shall contain such terms and conditions as such attorney-in-fact may approve
in her discretion.

     The undersigned hereby grants to such attorney-in-fact full power and
authority to do and perform all and every act and thing whatsoever requisite,
necessary and proper to be done in the exercise of any of the rights
and powers herein granted, as fully to all intents and purposes as such
attorney-in-fact might or could do if personally present, hereby ratifying
and confirming all that such rights and powers herein granted. The undersigned
acknowledges that the foregoing attorney-in-fact, in serving in such capacity
at the request of the undersigned, is not assuming any of the undersigned's
responsibilities to comply with Section 16 of the Exchange Act.

     This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file documents with respect to the
undersigned's holdings of and transactions in securities issued by the Company,
unless earlier revoked by the undersigned in a signed writing delivered to the
attorney-in-fact.

     In witness whereof, the undersigned has caused this Power of Attorney to
be executed as of this 30th day of June, 1999.


                                   /s/ JEFFREY OBERMAYER
                                   ------------------------
                                   Jeffrey Obermayer





© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission