Greg C. Smith - 19 May 2022 Form 4 Insider Report for LEAR CORP (LEA)

Reporting relationship: Director
Issuer ticker: LEA
Reported as of: 19 May 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 23 May 2022, 18:16:00 UTC
Prior SEC filing: 03 Mar 2022
Next SEC filing: 25 May 2022
Source filing: View source filing
Reporting owner signature: /s/ Karen Crittenden, as Attorney-in-Fact

Key filing fact

Greg C. Smith filed Form 4 for LEAR CORP (LEA) on 23 May 2022.

Key facts

This page summarizes Greg C. Smith's Form 4 filing for LEAR CORP (LEA).
3 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 23 May 2022, 18:16.

Change

Previous filing in this sequence was filed on 03 Mar 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LEA transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +1,531
Change %
Price: $0.000000
Shares after: 1,531
Date: 19 May 2022
Ownership: Direct
Footnotes: F1

LEA holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 13,891
Date: 19 May 2022
Ownership: By Children
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LEA transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -1,531
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 19 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,531
Exercise price
Footnotes: F1, F3

LEA transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +2,221
Change %
Price: $0.000000
Shares after: 2,221
Date: 19 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,221
Exercise price
Footnotes: F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The restricted stock units vested and settled in common stock on May 19, 2022.

Footnote F2

Shares held by the Ann Cournoyer Smith Irrev Trust (the "Trust") for the benefit of Reporting Person's children. Reporting Person is the trustee of the Trust. The reporting person disclaims beneficial ownership of the shares held by the Trust and this report should not be deemed an admission that the reporting person is the beneficial owner of the Trust's shares for purposes of Section 16 or any other purpose.

Footnote F3

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

Footnote F4

The restricted stock units were granted on May 19, 2022, under the Lear Corporation 2019 Long Term Stock Incentive Plan. The restricted stock units vest and settle in common stock on the earlier of (i) the first anniversary of the grant date or (ii) the date of the next annual meeting of the stockholders following the date of grant.