Kevin P. Clark - 28 Feb 2022 Form 4 Insider Report for Aptiv PLC (APTV)

Role: President and CEO, Director
Signature: /s/ Rachel V. Friedenberg, Attorney-in-fact for Kevin P. Clark
Issuer symbol: APTV
Transactions as of: 28 Feb 2022
Net transactions value: -$7,070,660
Form type: 4
Filing time: 02 Mar 2022, 15:06:26 UTC
Previous filing: 24 Feb 2023
Next filing: 17 Mar 2022
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	+1,091	+0.36%	$0.000000	300,067	28 Feb 2022	Direct	F1
transaction	APTV	Ordinary Shares	Disposed to Issuer	$0	-5,793	-1.9%	$0.000000	294,274	28 Feb 2022	Direct	F2
transaction	APTV	Ordinary Shares	Tax liability	$7,070,660	-54,625	-19%	$129.44	239,649	28 Feb 2022	Direct	F3
transaction	APTV	Ordinary Shares	Award	$0	+36,083	+15%	$0.000000	275,732	28 Feb 2022	Direct	F4
transaction	APTV	Ordinary Shares	Award	$0	+54,125	+20%	$0.000000	329,857	28 Feb 2022	Direct	F5
holding	APTV	Ordinary Shares						625,766	28 Feb 2022	By Kevin P Clark Revocable Trust

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	-1,091	-100%	$0.000000^*	0	28 Feb 2022	Ordinary Shares	1,091		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 three equal installments beginning on the first anniversary of the date of grant.
F5	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.