Marianne VIdershain - Jan 2, 2025 Form 4 Insider Report for LEAR CORP (LEA)

Role
VP, Treas & Head of Inv Relat
Signature
Karen M. Crittenden
Stock symbol
LEA
Transactions as of
Jan 2, 2025
Transactions value $
-$33,810
Form type
4
Date filed
1/6/2025, 05:51 PM
Previous filing
Nov 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEA Common Stock Options Exercise $0 +138 +21.53% $0.00 779 Jan 4, 2025 Direct F1
transaction LEA Common Stock Tax liability -$5.68K -61 -7.83% $93.14 718 Jan 4, 2025 Direct F2
transaction LEA Common Stock Options Exercise $0 +357 +49.72% $0.00 1.08K Jan 4, 2025 Direct F1
transaction LEA Common Stock Tax liability -$14.6K -157 -14.6% $93.14 918 Jan 4, 2025 Direct F2
transaction LEA Common Stock Options Exercise $0 +330 +35.95% $0.00 1.25K Jan 4, 2025 Direct F1
transaction LEA Common Stock Tax liability -$13.5K -145 -11.62% $93.14 1.1K Jan 4, 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 +1.63K $0.00 1.63K Jan 2, 2025 Common Stock 1.63K Direct F3
transaction LEA Restricted Stock Units Options Exercise $0 -138 -100% $0.00 0 Jan 4, 2025 Common Stock 138 Direct F4
transaction LEA Restricted Stock Units Options Exercise $0 -357 -50% $0.00 357 Jan 4, 2025 Common Stock 357 Direct F5
transaction LEA Restricted Stock Units Options Exercise $0 -330 -33.33% $0.00 660 Jan 4, 2025 Common Stock 330 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. One-third of the restricted stock units vest on January 4, 2026; one-third of the restricted stock units vest on January 4, 2027 and the remaining one-third of the restricted stock units vest 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.