UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
/ / Check box if no longer subject of Section 16. Form 4 or Form 5 obligations
may continue. See instruction 1(b).
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
ALEXIS P. MICHAS
200 S. Michigan Ave.
Chicago, IL 60604
2. Issuer Name and Ticker or Trading Symbol
BorgWarner Inc. (BWA)
3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
-
4. Statement For Month/Year
JANUARY 21, 2003
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person to Issuer (Check all applicable)
(X) Director ( ) Officer (give title below) ( ) 10% Owner ( ) Other
7. Individual or Joint/Group Filing (Check applicable line)
/x/ Form Filed by One Reporting Person
--- Form Filed by More Than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security|2.Transaction Date |3. Transac- |4.Securities Acquired
| (Month/Day/Year) | tion Code | (A) or Disposed of(D)
| | Code | V | Amount |(A)or(D)|Price
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| | | | | |
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5. Amount of Securities |6. Ownership Form | 7.Nature of Indirect
Beneficially Owned at| Direct (D) or | Beneficial Ownership
End of Month | Indirect (I) |
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| |
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g. Puts, Calls, Warrants, Options, Convertible Securities)
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1.Title of Deriv-|2.Conversion |3.Transaction |4.Trans- |5.Number of
ative Security | or Exercise| Date(month | action | Derivative
| Price of | \day\year) | Code | Securities Ac-
| Derivative | | | quired(A)or
| Security | | | Disposed of(D)
| | |Code| V | (A) | (D)
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| | | | | |
Director Stock | | | | | |
Option Right to | | | | | |
Buy | $53.00 | 1/21/03 | A | |1000 |
Director Stock | | | | | |
Option Right to | | | | | |
Buy | $53.00 | 1/21/03 | A | |1000 |
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6.Date Exercisable |7.Title and |8.Price of |9.Number of |10.Ownership
and Expiration | Amount of | Derivative| Derivative |Form of Deriv-
Date(month/day/year) | Underlying | Security | Securities |ative Security
Date Exer-|Expiration| Securities | | Beneficially|Direct (D) or
cisable | Date | Title|Amt.or| | Owned At End|Indirect (I)
| | |#of shrs| | Of Month |
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| | | | | |
1/21/05 |1/20/13 |Common Stock|1000 | | | D
1/21/06 |1/20/13 |Common Stock 1000 | | | D
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11. Nature of
Indirect
Beneficial
Ownership
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Signature of Reporting Person
/s/ Laurene H. Horiszny
as attorney-in-fact for ALEXIS P. MICHAS
Date: January 22, 2003