Krone Roger A - May 19, 2022 Form 4 Insider Report for LEAR CORP (LEA)

Role: Director
Signature: /s/ Karen Crittenden, as Attorney-in-Fact
Stock symbol: LEA
Transactions as of: May 19, 2022
Transactions value $: $0
Form type: 4
Date filed: 5/23/2022, 06:04 PM
Previous filing: Apr 4, 2022
Next filing: Jul 5, 2022

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	LEA	Restricted Stock Units	Award	$0	+1.32K		$0.00	1.32K	May 19, 2022	Common Stock	1.32K		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 is convertible into a share of common stock on a 1-for-1 basis.
F2	The restricted stock units were granted on May 19, 2022 pursuant to the Lear Corporation 2019 Long-Term Stock Incentive Plan. The restricted stock units vest on the earlier of (i) the first anniversary of the grant date and (ii) the date of the next annual meeting of stockholders following the grant date. Settlement of the restricted stock units has been deferred, pursuant to an election under the Lear Corporation Outside Directors Compensation Plan, until the earliest of Mr. Krone's retirement as a director of Lear Corporation, a change in control of Lear Corporation or February 20, 2026.

Content

Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.

The restricted stock units were granted on May 19, 2022 pursuant to the Lear Corporation 2019 Long-Term Stock Incentive Plan. The restricted stock units vest on the earlier of (i) the first anniversary of the grant date and (ii) the date of the next annual meeting of stockholders following the grant date. Settlement of the restricted stock units has been deferred, pursuant to an election under the Lear Corporation Outside Directors Compensation Plan, until the earliest of Mr. Krone's retirement as a director of Lear Corporation, a change in control of Lear Corporation or February 20, 2026.