Carl A. Esposito - 03 Sep 2021 Form 4 Insider Report for LEAR CORP (LEA)

Role: SVP & President E-Systems
Signature: /s/ Karen Crittenden, as Attorney-in-Fact
Issuer symbol: LEA
Transactions as of: 03 Sep 2021
Net transactions value: -$1,271,613
Form type: 4
Filing time: 18 Nov 2021, 12:19:40 UTC
Next filing: 06 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LEA	Common Stock	Options Exercise	$0	+18,300		$0.000000	18,300	03 Sep 2021	Direct	F1, F2
transaction	LEA	Common Stock	Tax liability	$1,271,613	-7,979	-44%	$159.37	10,321	03 Sep 2021	Direct	F3

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 Units	Options Exercise	$0	-18,300	-33%	$0.000000	36,599	03 Sep 2021	Common Stock	18,300		Direct	F1, F2, F4
transaction	LEA	Restricted Stock Units	Award	$0	+1,381		$0.000000	1,381	17 Nov 2021	Common Stock	1,381		Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The vesting of restricted stock units is being reported late due to inadvertent administrative error.
F2	The restricted stock units vested and settled in common stock on September 3, 2021.
F3	Shares withheld by the Company to satisfy tax withholding requirements.
F4	Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. The restricted stock units were granted on September 3, 2019 and vest in three substantially equal installments on the second, third and fourth anniversaries of the grant date.
F5	These "Career Share" RSUs vest on the third anniversary of the grant date but are not converted into shares of common stock until or after age 62 or a qualifying retirement and remain subject to forfeiture for a voluntary termination prior to meeting retirement eligibility requirements.