RAYMOND E. SCOTT - 02 Jan 2023 Form 4 Insider Report for LEAR CORP (LEA)

Role
President and CEO, Director
Signature
/s/ Karen Crittenden, as Attorney-in-Fact
Issuer symbol
LEA
Transactions as of
02 Jan 2023
Net transactions value
-$1,511,759
Form type
4
Filing time
04 Jan 2023, 14:50:15 UTC
Previous filing
16 Dec 2022
Next filing
10 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEA Common Stock Options Exercise $0 +11,992 +72% $0.000000 28,732 02 Jan 2023 Direct F1
transaction LEA Common Stock Tax liability $656,686 -5,295 -18% $124.02 23,437 02 Jan 2023 Direct F2
transaction LEA Common Stock Sale $855,073 -6,697 -29% $127.68 16,740 04 Jan 2023 Direct

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 -11,992 -100% $0.000000* 0 02 Jan 2023 Common Stock 11,992 Direct F3
transaction LEA Restricted Stock Units Award $0 +22,701 $0.000000 22,701 03 Jan 2023 Common Stock 22,701 Direct F4
* 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 January 2, 2023.
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 January 2, 2020 and vested in full on the third anniversary of the grant date.
F4 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 January 3, 2023 and vest in full on January 4, 2026.