Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VC | Common Stock | Options Exercise | +14.4K | +292.25% | 19.4K | Feb 15, 2023 | Direct | F1 | ||
transaction | VC | Common Stock | Tax liability | -$840K | -5.38K | -27.73% | $156.32 | 14K | Feb 15, 2023 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VC | Performance Rights | Award | -7.22K | -33.33% | 14.4K | Feb 15, 2023 | Common Stock | 7.22K | Direct | F3, F4 | |||
transaction | VC | Performance Rights | Options Exercise | -14.4K | -100% | 0 | Feb 15, 2023 | Common Stock | 14.4K | Direct | F3 |
Id | Content |
---|---|
F1 | Each performance right, which is the economic equivalent of one share of Visteon common stock, was converted and paid to me in common stock without any election or action on my part pursuant to the Performance Share Unit award made to me in 2020. |
F2 | The shares were withheld by Visteon to satisfy income tax withholding obligations arising in connection with the vesting of certain Performance Rights. |
F3 | Each Performance Right represents a contingent right to receive one share of Visteon common stock. The Performance Rights vested based on relative total shareholder return over a three year performance period ending on December 31, 2022 and were paid in stock at the election of the Company. |
F4 | Additional Performance Rights were received because the performance criteria during the three year performance period was exceeded. |