Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VC | Common Stock | Options Exercise | +2.39K | +29.77% | 10.4K | Feb 15, 2024 | Direct | F1 | ||
transaction | VC | Common Stock | Tax liability | -$135K | -1.09K | -10.5% | $123.13 | 9.32K | Feb 15, 2024 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VC | Performance Rights | Options Exercise | -2.39K | -100% | 0 | Feb 15, 2024 | Common Stock | 2.39K | Direct | F3 |
Id | Content |
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F1 | Each performance right, which is the economic equivalent of one share of Visteon common stock, was converted and paid to me in common stock without any election or action on my part pursuant to the Performance Share Unit award made to me in 2021. |
F2 | The shares were withheld by Visteon to satisfy income tax withholding obligations arising in connection with the vesting of certain Performance Rights. |
F3 | 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 ending December 31, 2023, and payable in stock, subject to tax withholding. |