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 | +875 | $0.00 | 875 | May 20, 2021 | Common Stock | 875 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Converts into common stock of Lear Corporation on a 1-for-1 basis. |
F2 | The restricted stock units were granted on May 21, 2020 pursuant to the Lear Corporation 2019 Long-Term Stock Incentive Plan. The restricted stock units vest on the earlier of (i) the first anniversary of the grant date and (ii) the date of the next annual meeting of stockholders following the grant date. Settlement of the restricted stock units has been deferred, pursuant to an election under the Lear Corporation Outside Directors Compensation Plan, until the earlier of Ms. Ligocki's retirement as a director of Lear Corporation or a change in control of Lear Corporation. |