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VISTEON CORP — Director's Dealing 2024
Mar 19, 2024
31294_dirs_2024-03-19_6c8ff948-bf13-48fb-9e13-e35388167f85.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: 2024-03-15
Reporting Person: PYNNONEN BRETT D (SVP & Chief Legal Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-15 | Common Stock | M | 621 | — | Acquired | 9945 | Direct |
| 2024-03-15 | Common Stock | F | 271 | $112.85 | Disposed | 9674 | Direct |
| 2024-03-15 | Common Stock | M | 780 | — | Acquired | 10454 | Direct |
| 2024-03-15 | Common Stock | F | 341 | $112.85 | Disposed | 10113 | Direct |
| 2024-03-15 | Common Stock | M | 576 | — | Acquired | 10689 | Direct |
| 2024-03-15 | Common Stock | F | 252 | $112.85 | Disposed | 10437 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-15 | Restricted Stock Units | $ | M | 621 | Disposed | 2024-03-15 | Common Stock (621) | Direct |
| 2024-03-15 | Restricted Stock Units | $ | M | 780 | Disposed | 2025-03-15 | Common Stock (780) | Direct |
| 2024-03-15 | Restricted Stock Units | $ | M | 576 | Disposed | 2026-03-15 | Common Stock (576) | Direct |
Footnotes
F1: Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on March 15, 2024 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 15, 2024.
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 15, 2024.
F3: Restricted Stock Units vest to the extent of 33% of the units granted on the following March 15th of each year after the date of grant. Each Restricted Stock Unit will be converted and distributed to me, without payment, in stock upon vesting and based upon the then current market value of a share of Visteon common stock, subject to tax withholding.