AI assistant
VISTEON CORP — Director's Dealing 2024
Feb 20, 2024
31294_dirs_2024-02-20_bfd61e4c-7c13-4c5d-bc9a-a9bfefe53793.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: VISTEON CORP (VC)
CIK: 0001111335
Period of Report: 2024-02-15
Reporting Person: PYNNONEN BRETT D (SVP & Chief Legal Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-15 | Common Stock | M | 2390 | — | Acquired | 10418 | Direct |
| 2024-02-15 | Common Stock | F | 1094 | $123.13 | Disposed | 9324 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-15 | Performance Rights | $ | M | 2390 | Disposed | 2024-01-31 | Common Stock (2390) | Direct |
Footnotes
F1: Each performance right, which is the economic equivalent of one share of Visteon common stock, was converted and paid to me in common stock without any election or action on my part pursuant to the Performance Share Unit award made to me in 2021.
F2: The shares were withheld by Visteon to satisfy income tax withholding obligations arising in connection with the vesting of certain Performance Rights.
F3: Each performance right represents a contingent right to receive one share of Visteon common stock. The vesting of the performance right is based on relative shareholder return over a three year performance period ending December 31, 2023, and payable in stock, subject to tax withholding.