Raymond E. Scott - Feb 9, 2022 Form 4 Insider Report for LEAR CORP (LEA)

Role: President and CEO, Director
Signature: /s/ Karen Crittenden, as Attorney-in-Fact
Stock symbol: LEA
Transactions as of: Feb 9, 2022
Transactions value $: -$2,749,027
Form type: 4
Date filed: 2/11/2022, 10:15 AM
Previous filing: Jan 6, 2022
Next filing: May 25, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LEA	Common Stock	Award	$0	+36.5K	+83.72%	$0.00	80.2K	Feb 9, 2022	Direct	F1
transaction	LEA	Common Stock	Tax liability	-$2.75M	-15.9K	-19.87%	$172.58	64.2K	Feb 9, 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	Award	$0	+21.3K		$0.00	21.3K	Feb 9, 2022	Common Stock	21.3K		Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	Settlement of non-derivative performance shares for the three-year performance period ending December 31, 2021, granted under the 2009 Lear Corporation Long-Term Stock Incentive Plan and exempt from liability under Section 16(b) of the Securities Exchange Act pursuant to Rule 16b-3(d).
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.
F4	These "Career Share" restricted stock units ("restricted stock units") are based on a performance period from November 1, 2020 to December 31, 2021. The restricted stock units will vest on November 18, 2023 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.