Nicholas Jon Roelli - 07 Nov 2024 Form 4 Insider Report for LEAR CORP (LEA)

Role
SVP & President, E-Systems
Signature
/s/ Karen Crittenden, as Attorney-in-Fact
Issuer symbol
LEA
Transactions as of
07 Nov 2024
Transactions value $
-$10,668
Form type
4
Filing time
12 Nov 2024, 08:48:37 UTC
Previous filing
20 May 2024
Next filing
21 Nov 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 +383 $0.00 383 07 Nov 2024 Direct F1
transaction LEA Common Stock Tax liability -$10.7K -110 -28.72% $96.98 273 07 Nov 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 Restricted Stock Units Options Exercise $0 +383 +100% $0.00 766 07 Nov 2024 Common Stock 383 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units vested and settled in common stock on November 7, 2024.
F2 Shares withheld by the Company to satisfy tax withholding requirements.
F3 Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. The restricted stock units were granted on November 7, 2023. One-third of the stock units vested on November 7, 2024; one-third of the stock units vest on November 7, 2025 and the remaining one-third of the restricted stock units vest on November 7, 2026.