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VISTEON CORP — Director's Dealing 2019
Mar 18, 2019
31294_dirs_2019-03-18_67d0c565-439d-4c1d-8f87-9f40aa27cd75.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: VISTEON CORP (VC)
CIK: 0001111335
Period of Report: 2019-03-14
Reporting Person: PYNNONEN BRETT D (Senior V.P. & General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-03-14 | Common Stock | M | 366 | — | Acquired | 3945 | Direct |
| 2019-03-14 | Common Stock | F | 105 | $75.43 | Disposed | 3840 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-03-14 | Restricted Stock Units | $ | M | 366 | Disposed | 2019-03-14 | Common Stock (366) | Direct |
Footnotes
F1: Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on March 14, 2019 and was converted and paid to me in common stock without any election or action on my part. The value of each share was based on the fair market value of Visteon common stock as of March 14, 2019.
F2: These shares were withheld by Visteon to satisfy income tax withholding obligations arising in connection with the vesting of certain Restricted Stock Units. The value of each share was based on the fair market value of Visteon common stock as of March 14, 2019.
F3: Restricted Stock Units vest to the extent of 33% of the units granted each year following the first anniversary of the date of grant until the third anniversary of the date of grant. Each Restricted Stock Unit will be converted and distributed to me, without payment, in stock (or cash at the election of Visteon), subject to tax withholding