Frank C. Orsini - Jan 2, 2022 Form 4 Insider Report for LEAR CORP (LEA)

Role
EVP & President, Seating
Signature
/s/ Karen Crittenden, as Attorney-in-Fact
Stock symbol
LEA
Transactions as of
Jan 2, 2022
Transactions value $
-$393,525
Form type
4
Date filed
1/4/2022, 08:02 PM
Previous filing
Nov 18, 2021
Next filing
Jan 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEA Common Stock Options Exercise $0 +4.84K +21.42% $0.00 27.4K Jan 2, 2022 Direct F1
transaction LEA Common Stock Tax liability -$394K -2.15K -7.84% $182.95 25.3K Jan 2, 2022 Direct F2

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 -4.84K -100% $0.00* 0 Jan 2, 2022 Common Stock 4.84K Direct 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 January 2, 2022.
F2 Shares withheld by the Company to satisfy tax withholding requirements.
F3 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 January 2, 2019 and vested in full on the third anniversary of the grant date.