Nicholas Jon Roelli - 02 Jan 2025 Form 4 Insider Report for LEAR CORP (LEA)

Role
SVP & President, E-Systems
Signature
Karen M. Crittenden
Issuer symbol
LEA
Transactions as of
02 Jan 2025
Net transactions value
-$49,923
Form type
4
Filing time
06 Jan 2025, 17:43:16 UTC
Previous filing
21 Nov 2024
Next filing
18 Feb 2025
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 +243 +89% $0.000000 516 04 Jan 2025 Direct F1
transaction LEA Common Stock Tax liability $11,084 -119 -23% $93.14 397 04 Jan 2025 Direct F2
transaction LEA Common Stock Options Exercise $0 +428 +108% $0.000000 825 04 Jan 2025 Direct F1
transaction LEA Common Stock Tax liability $19,559 -210 -25% $93.14 615 04 Jan 2025 Direct F2
transaction LEA Common Stock Options Exercise $0 +423 +69% $0.000000 1,038 04 Jan 2025 Direct F1
transaction LEA Common Stock Tax liability $19,280 -207 -20% $93.14 831 04 Jan 2025 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 Award $0 +4,729 $0.000000 4,729 02 Jan 2025 Common Stock 4,729 Direct F3
transaction LEA Restricted Stock Units Options Exercise $0 -243 -100% $0.000000 0 04 Jan 2025 Common Stock 243 Direct F4
transaction LEA Restricted Stock Units Options Exercise $0 -428 -50% $0.000000 427 04 Jan 2025 Common Stock 428 Direct F5
transaction LEA Restricted Stock Units Options Exercise $0 -423 -33% $0.000000 846 04 Jan 2025 Common Stock 423 Direct F6
* 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 January 4, 2025.
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 January 2, 2025 and vest in full on January 4, 2028.
F4 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 January 4, 2022. One-third of the restricted stock units vested on January 4, 2023; one-third of the restricted stock units vested on January 4, 2024 and the remaining one-third of the restricted stock units vested on January 4, 2025.
F5 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 January 3, 2023. One-third of the restricted stock units vested on January 4, 2024; one-third of the restricted stock units vested on January 4, 2025 and the remaining one-third of the restricted stock units vest on January 4, 2026.
F6 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 January 2, 2024. One-third of the restricted stock units vested on January 4, 2025; one-third of the restricted stock units vest on January 4, 2026 and the remaining one-third of the restricted stock units vest on January 4, 2027.