Nicholas Jon Roelli - May 16, 2024 Form 3 Insider Report for LEAR CORP (LEA)

Role
SVP & President, E-Systems
Signature
/s/ Karen Crittenden, as Attorney-in-Fact
Stock symbol
LEA
Transactions as of
May 16, 2024
Transactions value $
$0
Form type
3
Date filed
5/20/2024, 02:15 PM
Next filing
Nov 12, 2024

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
holding LEA Restricted Stock Units May 16, 2024 Common Stock 282 Direct F1, F2
holding LEA Restricted Stock Units May 16, 2024 Common Stock 541 Direct F2, F3
holding LEA Restricted Stock Units May 16, 2024 Common Stock 613 Direct F2, F4
holding LEA Restricted Stock Units May 16, 2024 Common Stock 531 Direct F2, F5
holding LEA Restricted Stock Units May 16, 2024 Common Stock 414 Direct F2, F6
holding LEA Restricted Stock Units May 16, 2024 Common Stock 243 Direct F2, F7
holding LEA Restricted Stock Units May 16, 2024 Common Stock 682 Direct F2, F8
holding LEA Restricted Stock Units May 16, 2024 Common Stock 855 Direct F2, F9
holding LEA Restricted Stock Units May 16, 2024 Common Stock 1.15K Direct F2, F10
holding LEA Restricted Stock Units May 16, 2024 Common Stock 781 Direct F2, F11
holding LEA Restricted Stock Units May 16, 2024 Common Stock 1.27K Direct F2, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These "Career Share" restricted stock units ("RSUs") were granted on November 20, 2017 and vested on the third anniversary of the grant date but are not converted into shares of common stock until or after age 62 or a qualifying retirement and remain subject to forfeiture for a voluntary termination prior to meeting retirement eligibility requirements.
F2 Each RSU is convertible into common stock on a 1-for-1 basis.
F3 These "Career Share" RSUs were granted on November 14, 2018 and vested on the third anniversary of the grant date but are not converted into shares of common stock until or after age 62 or a qualifying retirement and remain subject to forfeiture for a voluntary termination prior to meeting retirement eligibility requirements.
F4 These "Career Share" RSUs were granted on November 14, 2019 and vested on the third anniversary of the grant date but are not converted into shares of common stock until or after age 62 or a qualifying retirement and remain subject to forfeiture for a voluntary termination prior to meeting retirement eligibility requirements.
F5 These "Career Share" RSUs were granted on November 18, 2020 and vested on the third anniversary of the grant date but are not converted into shares of common stock until or after age 62 or a qualifying retirement and remain subject to forfeiture for a voluntary termination prior to meeting retirement eligibility requirements.
F6 These "Career Share" RSUs were granted on November 17, 2021 and vest on the third anniversary of the grant date but are not converted into shares of common stock until or after age 62 or a qualifying retirement and remain subject to forfeiture for a voluntary termination prior to meeting retirement eligibility requirements.
F7 These RSUs were granted on January 4, 2022, under the Lear Corporation 2019 Long-Term Stock Incentive Plan. The RSUs vest and settle in common stock on January 4, 2025.
F8 These "Career Share" RSUs were granted on November 14, 2022 and vest on the third anniversary of the grant date but are not converted into shares of common stock until or after age 62 or a qualifying retirement and remain subject to forfeiture for a voluntary termination prior to meeting retirement eligibility requirements.
F9 These RSUs were granted on January 3, 2023, under the Lear Corporation 2019 Long-Term Stock Incentive Plan. One-half of the RSUs vest and settle in common stock on January 4, 2025 and one-half of the stock units vest on January 4, 2026.
F10 These RSUs were granted on November 7, 2023, under the Lear Corporation 2019 Long-Term Stock Incentive Plan. One-third of the RSUs vest and settle in common stock on November 7, 2024; one-third of the stock units vest and settle in common stock on November 7, 2025 and the remaining one-third of the stock units vest and settle in common stock on November 7, 2026.
F11 These "Career Share" RSUs were granted on November 13, 2023 and vest on the third anniversary of the grant date but are not converted into shares of common stock until or after age 62 or a qualifying retirement and remain subject to forfeiture for a voluntary termination prior to meeting retirement eligibility requirements.
F12 These RSUs were granted on January 2, 2024, under the Lear Corporation 2019 Long-Term Stock Incentive Plan. One-third of the RSUs vest and settle in common stock on January 4, 2025; one-third of the stock units vest and settle in common stock on January 4, 2026 and the remaining one-third of the stock units vest and settle in common stock on January 4, 2027.

Remarks:

Exhibit 24.1 - Power of Attorney