Joanne M. Maguire - Jun 6, 2024 Form 4 Insider Report for VISTEON CORP (VC)

Role
Director
Signature
Heidi A. Sepanik, Secretary, Visteon Corporation on behalf of Joanne M. Maguire
Stock symbol
VC
Transactions as of
Jun 6, 2024
Transactions value $
$150,028
Form type
4
Date filed
6/10/2024, 04:13 PM
Previous filing
Nov 22, 2023
Next filing
Aug 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VC Common Stock Options Exercise +841 +38.37% 3.03K Jun 8, 2024 Direct F1

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 Restricted Stock Units Award $150K +1.4K $107.47 1.4K Jun 6, 2024 Common Stock 1.4K Direct F2
transaction VC Restricted Stock Units Options Exercise -841 -100% 0 Jun 8, 2024 Common Stock 841 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on June 8, 2024 and was converted and paid to me in common stock without any election or action on my part. The value of each share was based on the fair market value of Visteon common stock as of June 7, 2024, the next preceding trading day.
F2 These Restricted Stock Units were credited to my account, with out payment by me, under the Company's 2020 Incentive Plan. In general, these Restricted Stock Units will be converted and distributed to me, without payment, in shares of common stock on the one year anniversary of the date of grant, based upon the then current market value of a share of common stock.