Alicia J. Davis - 04 Jan 2023 Form 4 Insider Report for LEAR CORP (LEA)

Role
Chief Strategy Officer
Signature
/s/ Karen Crittenden, as Attorney-in-Fact
Issuer symbol
LEA
Transactions as of
04 Jan 2023
Net transactions value
-$71,974
Form type
4
Filing time
06 Jan 2023, 07:45:58 UTC
Previous filing
04 Jan 2023
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 +684 +30% $0.000000 2,961 04 Jan 2023 Direct F1
transaction LEA Common Stock Tax liability $42,848 -331 -11% $129.45 2,630 04 Jan 2023 Direct F2
transaction LEA Common Stock Options Exercise $0 +519 +20% $0.000000 3,149 04 Jan 2023 Direct F1
transaction LEA Common Stock Tax liability $29,126 -225 -7.1% $129.45 2,924 04 Jan 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 +684 $0.000000 683 04 Jan 2023 Common Stock 684 Direct F3
transaction LEA Restricted Stock Units Options Exercise $0 +519 +100% $0.000000 1,036 04 Jan 2023 Common Stock 519 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 4, 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 4, 2021. One-half of the restricted stock units vested and settled in common stock on January 4, 2023 and the remaining one-half of the restricted stock units vest on January 4, 2024.
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 4, 2022. One-third of the restricted stock units vested on January 4, 2023; one-third of the restricted stock units vest on January 4, 2024 and the remaining one-third of the restricted stock units vest on January 4, 2025.