Abigail S. Fleming - Jan 12, 2024 Form 4 Insider Report for VISTEON CORP (VC)

Role
Vice President & CAO
Signature
Heidi A. Sepanik, Corporate Secretary, Visteon Corporation on behalf of Abigail S. Fleming
Stock symbol
VC
Transactions as of
Jan 12, 2024
Transactions value $
$0
Form type
4
Date filed
1/16/2024, 04:54 PM
Previous filing
Mar 17, 2023
Next filing
Jul 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding VC Common Stock 708 Jan 12, 2024 Direct

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 VC Performance Rights Disposed to Issuer $0 -401 -100% $0.00* 0 Jan 12, 2024 Common Stock 401 Direct F1, F2
transaction VC Performance Rights Disposed to Issuer $0 -492 -100% $0.00* 0 Jan 12, 2024 Common Stock 492 Direct F1, F2
transaction VC Performance Rights Disposed to Issuer $0 -560 -100% $0.00* 0 Jan 12, 2024 Common Stock 560 Direct F1, F2
transaction VC Restricted Stock Units Disposed to Issuer $0 -157 -100% $0.00* 0 Jan 12, 2024 Common Stock 157 Direct F3, F4
transaction VC Restricted Stock Units Disposed to Issuer $0 -478 -100% $0.00* 0 Jan 12, 2024 Common Stock 478 Direct F3, F4
transaction VC Restricted Stock Units Disposed to Issuer $0 -560 -100% $0.00* 0 Jan 12, 2024 Common Stock 560 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Abigail S. Fleming is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each performance right represents a contingent right to receive one share of Visteon common stock. The vesting of the performance right is based on relative shareholder return over a three year performance period and payable in stock, subject to tax withholding.
F2 Theses performance rights were forfeited pursuant to the terms of the Visteon Corporation 2020 Incentive Plan.
F3 Restricted Stock Units vest to the extent of 33% of the units granted on the following March 15th of each year after the date of grant. Each Restricted Stock Unit will be converted and distributed to me, without payment, in stock upon vesting and based upon the then current market value of a share of Visteon common stock, subject to tax withholding.
F4 Theses restricted stock units were forfeited pursuant to the terms of the Visteon Corporation 2020 Incentive Plan.