Harry Albert Kemp - Jan 4, 2022 Form 4 Insider Report for LEAR CORP (LEA)

Signature
/s/ Karen Crittenden, as Attorney-in-Fact
Stock symbol
LEA
Transactions as of
Jan 4, 2022
Transactions value $
-$82,330
Form type
4
Date filed
1/6/2022, 03:12 PM
Previous filing
Jan 4, 2022
Next filing
Feb 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEA Common Stock Options Exercise $0 +978 +42.5% $0.00 3.28K Jan 4, 2022 Direct F1
transaction LEA Common Stock Tax liability -$82.3K -427 -13.02% $192.81 2.85K Jan 4, 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 +978 +50% $0.00 2.93K Jan 4, 2022 Common Stock 1.96K Direct F3
transaction LEA Restricted Stock Units Award $0 +2.24K $0.00 2.24K Jan 4, 2022 Common Stock 2.24K Direct F4
* 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 4, 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 4, 2021 and vest in three substantially equal installments on each of the first three anniversaries 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 January 4, 2022 and vest in three substantially equal installments on each of the first three anniversaries of the grant date.