Alicia J. Davis - 02 Jan 2022 Form 4 Insider Report for LEAR CORP (LEA)

Role
SVP, Strategy & Corp Dev
Signature
/s/ Karen Crittenden, as Attorney-in-Fact
Issuer symbol
LEA
Transactions as of
02 Jan 2022
Net transactions value
-$144,530
Form type
4
Filing time
04 Jan 2022, 20:26:27 UTC
Previous filing
18 Nov 2021
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 +907 +46% $0.000000 2,861 02 Jan 2022 Direct F1
transaction LEA Common Stock Tax liability $80,132 -438 -15% $182.95 2,423 02 Jan 2022 Direct F2
transaction LEA Common Stock Options Exercise $0 +167 +6.9% $0.000000 2,590 02 Jan 2022 Direct F1
transaction LEA Common Stock Tax liability $13,355 -73 -2.8% $182.95 2,517 02 Jan 2022 Direct F2
transaction LEA Common Stock Options Exercise $0 +642 +26% $0.000000 3,159 02 Jan 2022 Direct F1
transaction LEA Common Stock Tax liability $51,043 -279 -8.8% $182.95 2,880 02 Jan 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 -907 -100% $0.000000* 0 02 Jan 2022 Common Stock 907 Direct F3
transaction LEA Restricted Stock Units Options Exercise $0 -167 -100% $0.000000* 0 02 Jan 2022 Common Stock 167 Direct F4
transaction LEA Restricted Stock Units Options Exercise $0 -642 -50% $0.000000 642 02 Jan 2022 Common Stock 642 Direct F5
* 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.
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 1, 2019 and vested in full on January 2, 2022.
F5 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, 2020 and vest in three substantially equal installments on each of the first three anniversaries of the grant date.