AI assistant
LEAR CORP — Director's Dealing 2021
Nov 18, 2021
30987_dirs_2021-11-18_1524ee03-d80a-458f-a336-53b40b1ffcf3.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LEAR CORP (LEA)
CIK: 0000842162
Period of Report: 2021-09-03
Reporting Person: Esposito Carl A. (SVP & President E-Systems)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-09-03 | Common Stock | M | 18300 | $0.00 | Acquired | 18300 | Direct |
| 2021-09-03 | Common Stock | F | 7979 | $159.37 | Disposed | 10321 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-09-03 | Restricted Stock Units | $ | M | 18300 | Disposed | Common Stock (18300) | Direct | |
| 2021-11-17 | Restricted Stock Units | $ | A | 1381 | Acquired | Common Stock (1381) | 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 3, 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 3, 2019 and vest in three substantially equal installments on the second, third and fourth 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.