Joao Paulo Ribeiro - Mar 7, 2022 Form 4 Insider Report for VISTEON CORP (VC)

Role: Senior Vice President
Signature: Heidi A. Sepanik, Secretary, Visteon Corporation on behalf of Joao Paulo Ribeiro
Stock symbol: VC
Transactions as of: Mar 7, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/9/2022, 03:40 PM
Previous filing: Mar 3, 2022
Next filing: Mar 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VC	Common Stock	Options Exercise		+177	+6.91%		2.74K	Mar 7, 2022	Direct	F1

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	VC	Restricted Stock Units	Options Exercise		-177	-100%		0	Mar 7, 2022	Common Stock	177		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on March 7, 2022 and was converted and paid to me in common stock without any election or action on my part. The value of each share was based on the fair market value of Visteon common stock as of March 7, 2022.
F2	Restricted Stock Units vest to the extent of 33% of the units granted each year following the first anniversary of the date of grant until the third anniversary of the date of grant. Each Restricted Stock Unit will be converted and distributed to me, without payment, in stock at the election of Visteon, upon vesting and based upon the then current market value of a share of Visteon common stock, subject to tax withholding.

Content

Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on March 7, 2022 and was converted and paid to me in common stock without any election or action on my part. The value of each share was based on the fair market value of Visteon common stock as of March 7, 2022.

Restricted Stock Units vest to the extent of 33% of the units granted each year following the first anniversary of the date of grant until the third anniversary of the date of grant. Each Restricted Stock Unit will be converted and distributed to me, without payment, in stock at the election of Visteon, upon vesting and based upon the then current market value of a share of Visteon common stock, subject to tax withholding.