Kevin P. Clark - Feb 28, 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
Stock symbol: APTV
Transactions as of: Feb 28, 2022
Transactions value $: -$7,070,660
Form type: 4
Date filed: 3/2/2022, 03:06 PM
Previous filing: Feb 24, 2023
Next filing: Mar 17, 2022

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	+1.09K	+0.36%	$0.00	300K	Feb 28, 2022	Direct	F1
transaction	APTV	Ordinary Shares	Disposed to Issuer	$0	-5.79K	-1.93%	$0.00	294K	Feb 28, 2022	Direct	F2
transaction	APTV	Ordinary Shares	Tax liability	-$7.07M	-54.6K	-18.56%	$129.44	240K	Feb 28, 2022	Direct	F3
transaction	APTV	Ordinary Shares	Award	$0	+36.1K	+15.06%	$0.00	276K	Feb 28, 2022	Direct	F4
transaction	APTV	Ordinary Shares	Award	$0	+54.1K	+19.63%	$0.00	330K	Feb 28, 2022	Direct	F5
holding	APTV	Ordinary Shares						626K	Feb 28, 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	-1.09K	-100%	$0.00^*	0	Feb 28, 2022	Ordinary Shares	1.09K		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.