Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | VC | Common Stock | 173K | Mar 1, 2022 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VC | Performance Rights | Award | $0 | +25.7K | $0.00 | 25.7K | Mar 1, 2022 | Common Stock | 25.7K | Direct | F1 | ||
transaction | VC | Restricted Stock Units | Award | $0 | +25K | $0.00 | 25K | Mar 1, 2022 | Common Stock | 25K | Direct | F2 |
Id | Content |
---|---|
F1 | Each performance right represents a contingent right to receive one share of Visteon common stock. The vesting of the performance rights is based on relative total shareholder return over a three year performance period and payable in stock, subject to tax withholding. |
F2 | Restricted Stock Units vest to the extent of 33% of the units granted on the following March 15th of each year after the date of grant. Each Restricted Stock Unit will be converted and distributed to me, without payment, in stock upon vesting and based upon the then current market value of a share of Visteon common stock, subject to tax withholding. |