Carl A. Esposito - 03 Sep 2022 Form 4 Insider Report for LEAR CORP (LEA)

Signature
/s/ Karen Crittenden, as Attorney-in-Fact
Issuer symbol
LEA
Transactions as of
03 Sep 2022
Net transactions value
-$1,089,612
Form type
4
Filing time
07 Sep 2022, 13:21:19 UTC
Previous filing
14 Jul 2022
Next filing
13 Oct 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEA Common Stock Options Exercise $0 +18,300 +177% $0.000000 28,621 03 Sep 2022 Direct F1
transaction LEA Common Stock Tax liability $1,089,612 -7,979 -28% $136.56 20,642 03 Sep 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 LEA Restricted Stock Units Options Exercise $0 -18,300 -50% $0.000000 18,299 03 Sep 2022 Common Stock 18,300 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units vested and settled in common stock on September 3, 2022.
F2 Shares withheld by the Company to satisfy tax withholding requirements.
F3 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 September 3, 2019 and vest in three substantially equal installments on the second, third and fourth anniversaries of the grant date.