Bunsei Kure - Jun 10, 2022 Form 4 Insider Report for VISTEON CORP (VC)

Role
Director
Signature
Heidi A. Sepanik, Secretary, Visteon Corporation on behalf of Bunsei Kure
Stock symbol
VC
Transactions as of
Jun 10, 2022
Transactions value $
-$16,337
Form type
4
Date filed
6/14/2022, 08:34 AM
Previous filing
Feb 9, 2022
Next filing
Jun 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VC Common Stock Options Exercise +510 510 Jun 10, 2022 Direct F1
transaction VC Common Stock Tax liability -$16.3K -153 -30% $106.78 357 Jun 10, 2022 Direct F2

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 -510 -100% 0 Jun 10, 2022 Common Stock 510 Direct F1
* 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 June 10, 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 June 10, 2022.
F2 These shares were withheld by Visteon to satisfy income tax withholding obligations arising in connection with the vesting of certain Restricted Stock Units. The value of each share was based on the fair market value of Visteon common stock as of June 10, 2022.