Marianne VIdershain - Jan 4, 2022 Form 4 Insider Report for LEAR CORP (LEA)

Role
VP, Treasurer
Signature
/s/ Karen Crittenden, as Attorney-in-Fact
Stock symbol
LEA
Transactions as of
Jan 4, 2022
Transactions value $
-$13,304
Form type
4
Date filed
1/6/2022, 03:18 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 +119 +86.23% $0.00 257 Jan 4, 2022 Direct F1
transaction LEA Common Stock Tax liability -$7.91K -41 -15.95% $192.81 216 Jan 4, 2022 Direct F2
transaction LEA Common Stock Options Exercise $0 +82 +37.96% $0.00 298 Jan 4, 2022 Direct F1
transaction LEA Common Stock Tax liability -$5.4K -28 -9.4% $192.81 270 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 +119 +100% $0.00 238 Jan 4, 2022 Common Stock 119 Direct F3
transaction LEA Restricted Stock Units Options Exercise $0 +82 +100% $0.00 164 Jan 4, 2022 Common Stock 82 Direct F4
transaction LEA Restricted Stock Units Award $0 +414 $0.00 414 Jan 4, 2022 Common Stock 414 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 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 February 15, 2021. One-third of the stock units vested on January 4, 2022; one-third of the stock units on January 4, 2023 and the remaining one-third of the stock units vest on January 4, 2024.
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 4, 2022 and vest in three substantially equal installments on each of the first three anniversaries of the grant date.