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LEAR CORP — Director's Dealing 2021
Nov 18, 2021
30987_dirs_2021-11-18_f6503e41-78fe-47b7-b960-f2ae1f6aa4ca.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LEAR CORP (LEA)
CIK: 0000842162
Period of Report: 2021-09-03
Reporting Person: VIdershain Marianne (VP, Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-09-01 | Common Stock | M | 89 | $0.00 | Acquired | 89 | Direct |
| 2021-09-01 | Common Stock | F | 26 | $158.29 | Disposed | 63 | Direct |
| 2021-09-01 | Common Stock | M | 41 | $0.00 | Acquired | 104 | Direct |
| 2021-09-01 | Common Stock | F | 12 | $158.29 | Disposed | 92 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-09-01 | Restricted Stock Units | $ | M | 89 | Disposed | Common Stock (89) | Direct | |
| 2021-09-01 | Restricted Stock Units | $ | M | 41 | Disposed | Common Stock (41) | Direct | |
| 2021-11-17 | Restricted Stock Units | $ | A | 552 | Acquired | Common Stock (552) | Direct |
Footnotes
F1: The vesting of restricted stock units is being reported late due to inadvertent administrative error.
F2: The restricted stock units vested and settled in common stock on September 1, 2021.
F3: Shares withheld by the Company to satisfy tax withholding requirements.
F4: Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. The restricted stock units were granted on September 1, 2019 and vest in two equal installments on the second and third anniversaries of the grant date.
F5: These "Career Share" RSUs vest on the third anniversary of the grant date but are not converted into shares of common stock until or after age 62 or a qualifying retirement and remain subject to forfeiture for a voluntary termination prior to meeting retirement eligibility requirements.