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LEAR CORP — Director's Dealing 2021
Jan 6, 2021
30987_dirs_2021-01-06_677b8592-f8ec-4f1f-9585-60e862beeea7.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: 2021-01-04
Reporting Person: Orsini Frank C (EVP & President, Seating)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-01-04 | Restricted Stock Units | $ | A | 3048 | Acquired | Common Stock (3048) | Direct | |
| 2021-01-04 | Option (Right to Buy) | $157.44 | A | 13587 | Acquired | Common Stock (13587) | Direct |
Footnotes
F1: Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
F2: The restricted stock units were granted under the Lear Corporation 2019 Long-Term Stock Incentive Plan. The restricted stock units vest and settle in common stock on the third anniversary of the grant date.
F3: The stock options were granted under the Lear Corporation 2019 Long-Term Stock Incentive Plan and have a term of ten years from the date of grant. One-third of the options will vest and become exercisable on each of the first three anniversaries of the grant date.