Frank C. Orsini - Nov 14, 2022 Form 4 Insider Report for LEAR CORP (LEA)

Signature
/s/ Karen Crittenden, as Attorney-in-Fact
Stock symbol
LEA
Transactions as of
Nov 14, 2022
Transactions value $
-$2,927,666
Form type
4
Date filed
11/16/2022, 08:45 AM
Previous filing
Feb 11, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEA Common Stock Sale -$2.93M -19.5K -62.22% $150.13 11.8K Nov 14, 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 LEA Restricted Stock Units Award $0 +2.05K $0.00 2.05K Nov 14, 2022 Common Stock 2.05K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $150.00 to $150.92, inclusive. The reporting person undertakes to provide to Lear Corporation, any security holder of Lear Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
F3 These "Career Share" RSUs vest on the third anniversary of the grant date but are not converted into shares of common stock until or after age 62 or a qualifying retirement and remain subject to forfeiture for a voluntary termination prior to meeting retirement eligibility requirements.