Bradley M. Halverson - 20 May 2021 Form 4 Insider Report for LEAR CORP (LEA)

Role
Director
Signature
/s/ Karen Crittenden, as Attorney-in-Fact
Issuer symbol
LEA
Transactions as of
20 May 2021
Net transactions value
$0
Form type
4
Filing time
24 May 2021, 13:40:30 UTC
Next filing
01 Jul 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEA Common Stock Options Exercise $0 +1,364 $0.000000 1,364 20 May 2021 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 LEA Restricted Stock Options Exercise $0 -1,364 -100% $0.000000* 0 20 May 2021 Common Stock 1,364 Direct F1, F2
transaction LEA Restricted Stock Units Award $0 +875 $0.000000 875 20 May 2021 Common Stock 875 Direct F2, F3
* 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 May 20, 2021.
F2 Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
F3 The restricted stock units were granted on May 20, 2021, under the Lear Corporation 2019 Long Term Stock Incentive Plan. The restricted stock units vest and settle in common stock on the earlier of (i) the first anniversary of the grant date or (ii) the date of the next annual meeting of the stockholders following the date of grant.