Harry Albert Kemp - Jan 4, 2023 Form 4 Insider Report for LEAR CORP (LEA)

Role
SVP, Gen Counsel & Corp Sec
Signature
/s/ Karen Crittenden, as Attorney-in-Fact
Stock symbol
LEA
Transactions as of
Jan 4, 2023
Transactions value $
-$99,288
Form type
4
Date filed
1/6/2023, 07:57 AM
Previous filing
Jan 4, 2023
Next filing
Feb 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEA Common Stock Options Exercise $0 +978 +23.66% $0.00 5.11K Jan 4, 2023 Direct F1
transaction LEA Common Stock Tax liability -$57.1K -441 -8.63% $129.45 4.67K Jan 4, 2023 Direct F2
transaction LEA Common Stock Options Exercise $0 +746 +16.95% $0.00 5.15K Jan 4, 2023 Direct F1
transaction LEA Common Stock Tax liability -$42.2K -326 -6.02% $129.45 5.09K Jan 4, 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 +978 $0.00 978 Jan 4, 2023 Common Stock 978 Direct F3
transaction LEA Restricted Stock Units Options Exercise $0 +746 +100.27% $0.00 1.49K Jan 4, 2023 Common Stock 746 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.