LEAR CORP — Major Shareholding Notification 2010

Feb 8, 2010

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. )*

Lear Corp.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

521865105

(CUSIP Number)

December 31, 2009

(Date of Event Which Requires Filing of this Statement)

Check appropriate box to designate the rule pursuant to which this Schedule is filed:

þ Rule 13d-1(b)

¨ Rule 13d-1(c)

¨ Rule 13d-1(d)

• The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

Page 1

CUSIP No. 521865105

| 1. | NAMES
OF REPORTING PERSONS I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) Barrow,
Hanley, Mewhinney & Strauss, LLC 752403190 |
| --- | --- |
| 2. | CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ¨ (b) ¨ |
| 3. | SEC
USE ONLY |
| 4. | CITIZENSHIP
OR PLACE OF ORGANIZATION A
Delaware limited liability company |
| NUMBER
OF SHARES BENEFICIALLY OWNED
BY EACH REPORTING PERSON WITH | 5. SOLE
VOTING POWER |
| | 6. SHARED
VOTING POWER |
| | 7. SOLE
DISPOSITIVE POWER |
| | 8. SHARED
DISPOSITIVE POWER |
| 9. | AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| 10. | CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See
Instructions) ¨ |
| 11. | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| 12. | TYPE
OF REPORTING PERSON (See Instructions) IA |

Page 2

SCHEDULE 13G

| Item
1(a) — 1(b) | Name of Issuer: Lear
Corp. — Address
of Issuer’s Principal Executive Offices: | | |
| --- | --- | --- | --- |
| | 21557 Telegraph Road Southfield,
MI 48033 | | |
| Item
2(a) | Name
of Person Filing: | | |
| | Barrow,
Hanley, Mewhinney & Strauss, LLC | | |
| 2(b) | Address
of Principal Business Office or, if none, Residence: | | |
| | 2200
Ross Avenue, 31st Floor Dallas,
TX 75201-2761 | | |
| 2(c) | Citizenship: | | |
| | A
Delaware limited liability company | | |
| 2(d) | Title
of Class of Securities | | |
| | Common
Stock | | |
| 2(e) | CUSIP
Number: 521865105 | | |
| Item 3 | If
this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or
(c), check whether the person filing is a: | | |
| | (a) | ¨ | Broker
or dealer registered under section 15 of the Act (15 U.S.C.
78o); |
| | (b) | ¨ | Bank
as defined in section 3(a)(6) of the Act (15 U.S.C.
78c); |
| | (c) | ¨ | Insurance
company as defined in section 3(a)(19) of the Act (15 U.S.C.
78c); |
| | (d) | ¨ | Investment
company registered under section 8 of the Investment Company Act of 1940
(15 U.S.C. 80a-8); |
| | (e) | þ | An
investment adviser in accordance with
§240.13d-1(b)(1)(ii)(E); |
| | (f) | ¨ | An
employee benefit plan or endowment fund in accordance with
§240.13d-1(b)(1)(ii)(F); |
| | (g) | ¨ | A
parent holding company or control person in accordance with
§240.13d-1(b)(ii)(G); |
| | (h) | ¨ | A
savings association as defined in Section 3(b) of the Federal Deposit
Insurance Act (12 U.S.C. 1813); |
| | (i) | ¨ | A
church plan that is excluded from the definition of an investment company
under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C.
80a-3); |
| | (j) | ¨ | Group,
in a accordance with §240.13d-1(b)(1)(ii)(J). |

Page 3

Item 4
4(a)	Amount
beneficially owned:
4(b)	Percent
of Class:
4(c)	Number
of shares as to which person has:
(i)	Sole
power to vote or to direct the
vote:

| | (ii) | Shared
power to vote or to direct the vote: |
| --- | --- | --- |
| | (iii) | Sole
power to dispose or to direct the disposition of: |
| | (iv) | Shared
power to dispose or to direct the disposition of: |
| Item
5 | Ownership
of Five Percent or Less of a Class: | |
| | Yes . | |
| Item
6 | Ownership
of More than Five Percent on Behalf of Another Person: | |
| | The
right to receive or the power to direct the receipt of dividends from, or
the proceeds from the sale of, the common stock is held by certain clients
of the reporting person, none of which has such right or power with
respect to five percent or more of the common stock. | |
| Item
7 | Identification
and Classification of the Subsidiary Which Acquired the Security Being
Reported on by the Parent Holding Company: | |
| | Not
Applicable. | |
| Item
8 | Identification
and Classification of Members of the Group: | |
| | Not
Applicable. | |
| Item
9 | Notice
of Dissolution of Group: | |
| | Not
Applicable. | |
| Item
10 | Certification: | |
| | By
signing below the undersigned certifies that, to the best of its knowledge
and belief, the securities referred to above were acquired and are held in
the ordinary course of business and were not acquired and are not held for
the purpose of or with the effect of changing or influencing the control
of the issuer of the securities and were not acquired and are not held in
connection with or as a participant in any transaction having that purpose
or effect. | |

After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

| BARROW,
HANLEY, MEWHINNEY & STRAUSS, LLC | |
| --- | --- |
| By: | /s/
James P. Barrow |
| | Name: James
P. Barrow |
| | Title: President |

February 8 , 20 10

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