Matthew M. Cole - Jul 1, 2021 Form 4 Insider Report for VISTEON CORP (VC)

Role
Senior Vice President
Signature
Heidi A. Sepanik, Secretary, Visteon Corporation on behalf of Matthew M. Cole
Stock symbol
VC
Transactions as of
Jul 1, 2021
Transactions value $
$0
Form type
4
Date filed
7/6/2021, 04:38 PM
Next filing
Jan 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding VC Common Stock 12.2K Jul 1, 2021 Direct

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 Disposed to Issuer $0 -389 -100% $0.00* 0 Jul 1, 2021 Common Stock 389 Direct F1, F2
transaction VC Restricted Stock Units Disposed to Issuer $0 -946 -100% $0.00* 0 Jul 1, 2021 Common Stock 946 Direct F1, F2
transaction VC Restricted Stock Units Disposed to Issuer $0 -1.38K -100% $0.00* 0 Jul 1, 2021 Common Stock 1.38K Direct F1, F2
transaction VC Performance Stock Units Disposed to Issuer $0 -1.67K -100% $0.00* 0 Jul 1, 2021 Common Stock 1.67K Direct F3, F4
transaction VC Performance Stock Units Disposed to Issuer $0 -2.65K -100% $0.00* 0 Jul 1, 2021 Common Stock 2.65K Direct F3, F4
transaction VC Performance Stock Units Disposed to Issuer $0 -1.77K -100% $0.00* 0 Jul 1, 2021 Common Stock 1.77K Direct F3, F4
transaction VC Employee Stock Option (right to buy) Disposed to Issuer $0 -1.36K -50% $0.00 1.36K Jul 1, 2021 Common Stock 1.36K $80.97 Direct F5, F6
transaction VC Employee Stock Option (right to buy) Disposed to Issuer $0 -3.43K -66.67% $0.00 1.71K Jul 1, 2021 Common Stock 3.43K $66.98 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Matthew M. Cole is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Restricted Stock Units vest to the extent of 33% of the units granted each year following the first annivesary of the date of grant until the third anniverary of the date of grant. Each Restricted Stock Unit will be converted and distributed to me, without payment, in stock upon vesting and based upon the then current market value of a share of Visteon common stock, subject to tax withholding.
F2 These restricted stock units were forfeited in connection with Mr. Cole's departure from the Company.
F3 Each performance right represents a contingent right to receive one share of Visteon common stock. The vesting of the performance rights is based on relative total shareholder return over a three year performance period and payable in stock subject to tax withholding.
F4 These performance rights were forfeited in connection with Mr. Cole's departure from the Company.
F5 These stock options were forfeited in connection with Mr. Cole's departure from the Company.
F6 The option is exercisable to the extent of one third of the shares optioned after one year from the date of grant, two-thirds in two years and in full after three years.