Kathleen Ligocki - Jul 1, 2021 Form 4 Insider Report for LEAR CORP (LEA)

Role
Director
Signature
/s/ Karen Crittenden, as attorney-in-fact
Stock symbol
LEA
Transactions as of
Jul 1, 2021
Transactions value $
$0
Form type
4
Date filed
7/6/2021, 01:16 PM
Previous filing
Jun 15, 2021
Next filing
Sep 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEA Common Stock Options Exercise $0 +54 +1.91% $0.00 2.88K Jul 1, 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 Deferred Stock Units Options Exercise $0 -54 -0.42% $0.00 12.7K Jul 1, 2021 Common Stock 54 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Conversion of seventh quarterly installment of deferred stock units accrued under the Lear Corporation Outside Directors Compensation Plan into shares of Lear Corporation common stock pursuant to the Reporting Person's deferral election.
F2 Each deferred stock unit is equal in value to one share of Lear Corporation common stock.
F3 The deferred stock units were accrued under the Lear Corporation Outside Directors Compensation Plan pursuant to a deferral election and are generally to be paid out in shares of Lear Corporation common stock pursuant to the Reporting Person's deferral election.
F4 The reporting person's Form 4 filed on April 1, 2021 inadvertently overstated the number of deferred stock units beneficially owned by 326 deferred stock units. This Form 4 corrects the number of beneficially owned deferred stock units.