VISTEON CORP — Director's Dealing 2020

Sep 1, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VISTEON CORP (VC)
CIK: 0001111335
Period of Report: 2020-08-31

Reporting Person: Schupfner Markus J (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-31	Common Stock	M	401	—	Acquired	2530	Direct
2020-08-31	Common Stock	F	208	$76.22	Disposed	2322	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-08-31	Employee Stock Option (right to buy)	$124.34	D	817	Disposed	2021-08-31	Common Stock (817)	Direct
2020-08-31	Employee Stock Option (right to buy)	$80.97	D	2054	Disposed	2021-08-31	Common Stock (2054)	Direct
2020-08-31	Employee Stock Option (right to buy)	$66.98	D	3389	Disposed	2021-08-31	Common Stock (3389)	Direct
2020-08-31	Performance Rights	$	D	86	Disposed	2021-01-31	Common Stock (86)	Direct
2020-08-31	Performance Rights	$	D	366	Disposed	2022-01-31	Common Stock (366)	Direct
2020-08-31	Performance Rights	$	D	1219	Disposed	2023-01-31	Common Stock (1219)	Direct
2020-08-31	Restricted Stock Units	$	D	105	Disposed	2021-03-01	Common Stock (105)	Direct
2020-08-31	Restricted Stock Units	$	M	105	Disposed	2020-08-31	Common Stock (105)	Direct
2020-08-31	Restricted Stock Units	$	D	443	Disposed	2022-03-07	Common Stock (443)	Direct
2020-08-31	Restricted Stock Units	$	M	143	Disposed	2020-08-31	Common Stock (143)	Direct
2020-08-31	Restricted Stock Units	$	D	782	Disposed	2023-03-04	Common Stock (782)	Direct
2020-08-31	Restricted Stock Units	$	M	153	Disposed	2020-08-31	Common Stock (153)	Direct

Footnotes

F1: Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, vested on August 31, 2020 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 August 31, 2020.

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 August 31, 2020.

F3: The option is exercisable to the extent of one third of the shares optioned after one year from the date of grant, two-thirds in two years and in full after three years.

F4: Each performance right represents a contingent right to receive one share of Visteon common stock. The vesting of the performance rights is based on relative total shareholder return over a three year performance period and payable in stock or cash at the election of Visteon, subject to tax withholding.

F5: Restricted Stock Units vest to the extent of 33% of the units granted each year following the first annivesary of the date of grant until the third anniverary of the date of grant. Each Restricted Stock Unit will be converted and distributed to me, without payment, in cash or stock at the election of Visteon, upon vesting and based upon the then current market value of a share of Visteon common stock, subject to tax withholding.