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LEAR CORP Director's Dealing 2021

May 24, 2021

30987_dirs_2021-05-24_1ad4fa02-37ec-444f-b8d5-77e19027cd82.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: 2021-05-20

Reporting Person: MALLETT CONRAD L JR (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-05-20 Common Stock M 589 $0.00 Acquired 589 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-05-20 Restricted Stock Units $ M 589 Disposed Common Stock (589) Direct
2021-05-20 Restricted Stock Units $ A 875 Acquired Common Stock (875) Direct

Footnotes

F1: The restricted stock units vested and settled in common stock on May 20, 2021.

F2: Each restricted stock unit is convertible into a share of common stock on a on 1-for-1 basis.

F3: The restricted stock units were granted on May 20, 2021 under the Lear Corporation 2019 Long-Term Stock Incentive Plan. The restricted stock units vest on the earlier of (i) the first anniversary of the grant date and (ii) the date of the next annual meeting of stockholders following the grant date. The restricted stock units settle in shares of common stock as follows: (i) settlement of 175 restricted stock units will occur on the applicable vesting date and (ii) settlement of 700 restricted stock units has been deferred, pursuant to an election under the Lear Corporation Outside Directors Compensation Plan, until the earlier of Mr. Mallett's retirement as a director of Lear Corporation or a change in control of Lear Corporation.