Allan J. Brazier - 28 Feb 2022 Form 4 Insider Report for Aptiv PLC (APTV)

Role
Chief Accounting Officer
Signature
/s/ Rachel V. Friedenberg, Attorney-in-fact for Allan J. Brazier
Issuer symbol
APTV
Transactions as of
28 Feb 2022
Net transactions value
-$324,247
Form type
4
Filing time
02 Mar 2022, 15:05:11 UTC
Previous filing
06 Jul 2021
Next filing
02 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APTV Ordinary Shares Exercise of in-the-money or at-the-money derivative security $0 +50 +0.26% $0.000000 19,517 28 Feb 2022 Direct F1
transaction APTV Ordinary Shares Disposed to Issuer $0 -259 -1.3% $0.000000 19,258 28 Feb 2022 Direct F2
transaction APTV Ordinary Shares Tax liability $324,247 -2,505 -13% $129.44 16,753 28 Feb 2022 Direct F3
transaction APTV Ordinary Shares Award $0 +722 +4.3% $0.000000 17,475 28 Feb 2022 Direct F4
transaction APTV Ordinary Shares Award $0 +1,732 +9.9% $0.000000 19,207 28 Feb 2022 Direct F5
transaction APTV Ordinary Shares Award $0 +2,598 +14% $0.000000 21,805 28 Feb 2022 Direct F6

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 APTV Dividend Equivalent Right Exercise of in-the-money or at-the-money derivative security $0 -50 -100% $0.000000* 0 28 Feb 2022 Ordinary Shares 50 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Settlement of dividend equivalent rights in connection with the vesting of restricted stock units. The rights accrued when and as dividends were paid on the Issuer's ordinary shares and vested proportionately with the restricted stock unit to which they related. Each dividend equivalent right is the economic equivalent of one ordinary share.
F2 Disposal of ordinary shares back to the issuer with respect to below-target performance during the 2019-2021 performance period.
F3 Shares withheld to pay tax liabilities incident to the vesting of restricted stock units and settlement of dividend equivalent rights.
F4 The shares will vest in two equal installments beginning on the first anniversary of the date of grant.
F5 The shares will vest in three equal installments beginning on the first anniversary of the date of grant.
F6 Each performance share represents a contingent right to receive an ordinary share of Aptiv PLC, and will vest based upon the achievement of specified performance criteria, with a performance period from January 1, 2022 to December 31, 2024.