Marianne VIdershain - Jan 2, 2023 Form 4 Insider Report for LEAR CORP (LEA)

Signature
/s/ Karen Crittenden, as Attorney-in-Fact
Stock symbol
LEA
Transactions as of
Jan 2, 2023
Transactions value $
-$4,341
Form type
4
Date filed
1/4/2023, 02:54 PM
Previous filing
Nov 16, 2022
Next filing
Jan 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEA Common Stock Options Exercise $0 +70 +21.02% $0.00 403 Jan 2, 2023 Direct F1
transaction LEA Common Stock Tax liability -$4.34K -35 -8.68% $124.02 368 Jan 2, 2023 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 -70 -100% $0.00* 0 Jan 2, 2023 Common Stock 70 Direct F3
transaction LEA Restricted Stock Units Award $0 +1.07K $0.00 1.07K Jan 3, 2023 Common Stock 1.07K 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 August 1, 2020 and the remaining restricted stock units vested on January 2, 2023.
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 three substantially equal installments on each of the first three anniversaries of the grant date.