Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

LEAR CORP Director's Dealing 2015

Feb 11, 2015

30987_dirs_2015-02-11_8f11a52e-4b70-42d3-a738-6eee897b418f.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEAR CORP (LEA)
CIK: 0000842162
Period of Report: 2015-02-09

Reporting Person: Vanneste Jeffrey H. (Sr. VP and CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-02-09 Common Stock M 9163 $0.00 Acquired 13164 Direct
2015-02-09 Common Stock F 2891 $107.09 Disposed 10273 Direct
2015-02-09 Common Stock A 45906 $0.00 Acquired 56179 Direct
2015-02-09 Common Stock F 21184 $107.09 Disposed 34995 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-02-09 Restricted Stock Units $ M 9163 Disposed Common Stock (9163) Direct
2015-02-09 Restricted Stock Units $ A 5894 Acquired Common Stock (5894) Direct

Footnotes

F1: Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. The restricted stock units vested and settled in common stock on February 9, 2015.

F2: Shares withheld by the Company to satisfy minimum tax withholding requirements.

F3: Settlement of non-derivative performance shares for the three-year performance period ending December 31, 2014, granted under the 2009 Lear Corporation Long-Term Stock Incentive Plan and exempt from liability under Section 16(b) of the Securities Exchange Act pursuant to Rule 16b-3(d).

F4: Converts into common stock on a 1-for-1 basis.

F5: The compensation committee certified on February 9, 2015 that company achieved the 2014 net income performance goal for the restricted stock unit awards granted in 2014 under the Lear Corporation 2009 Long-Term Stock Incentive Plan. These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock on February 6, 2017.