Joseph R. Massaro - Feb 28, 2022 Form 4 Insider Report for Aptiv PLC (APTV)

Role: CFO and SVP, Business Ops
Signature: /s/ Rachel V. Friedenberg, Attorney-in-fact for Joseph R. Massaro
Stock symbol: APTV
Transactions as of: Feb 28, 2022
Transactions value $: -$2,098,999
Form type: 4
Date filed: 3/2/2022, 03:07 PM
Previous filing: Nov 10, 2021
Next filing: Apr 5, 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	+313	+0.19%	$0.00	164K	Feb 28, 2022	Direct	F1
transaction	APTV	Ordinary Shares	Disposed to Issuer	$0	-1.66K	-1.01%	$0.00	162K	Feb 28, 2022	Direct	F2
transaction	APTV	Ordinary Shares	Tax liability	-$2.1M	-16.2K	-9.99%	$129.44	146K	Feb 28, 2022	Direct	F3
transaction	APTV	Ordinary Shares	Award	$0	+14.4K	+9.88%	$0.00	160K	Feb 28, 2022	Direct	F4
transaction	APTV	Ordinary Shares	Award	$0	+21.7K	+13.49%	$0.00	182K	Feb 28, 2022	Direct	F5

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	-313	-100%	$0.00^*	0	Feb 28, 2022	Ordinary Shares	313		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.