Mei Wei Cheng - 20 Feb 2024 Form 4 Insider Report for LEAR CORP (LEA)

Role
Director
Signature
/s/ Karen Crittenden, as Attorney-in-Fact
Issuer symbol
LEA
Transactions as of
20 Feb 2024
Net transactions value
$0
Form type
4
Filing time
22 Feb 2024, 09:52:33 UTC
Previous filing
22 May 2023
Next filing
20 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEA Common Stock Options Exercise $0 +236 +23% $0.000000 1,248 20 Feb 2024 Direct F1
transaction LEA Common Stock Options Exercise $0 +175 +14% $0.000000 1,423 20 Feb 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LEA Deferred Stock Units Options Exercise $0 -236 -33% $0.000000 472 20 Feb 2024 Common Stock 236 Direct F3, F4
transaction LEA Deferred Stock Units Options Exercise $0 -175 -25% $0.000000 525 20 Feb 2024 Common Stock 175 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Conversion of third annual installment of deferred stock units accrued under the Lear Corporation Outside Directors Compensation Plan into shares of Lear Corporation common stock pursuant to the Reporting Person's deferral election in 2019.
F2 Conversion of second annual installment of deferred stock units accrued under the Lear Corporation Outside Directors Compensation Plan into shares of Lear Corporation common stock pursuant to the Reporting Person's deferral election in 2021.
F3 Each deferred stock unit is equal in value to one share of Lear Corporation common stock.
F4 The deferred stock units were accrued under the Lear Corporation Outside Directors Compensation Plan pursuant to a deferral election and are generally to be paid out in shares of Lear Corporation common stock pursuant to the Reporting Person's deferral election.