Carl A. Esposito - Sep 3, 2023 Form 4 Insider Report for LEAR CORP (LEA)

Role
SVP & President E-Systems
Signature
/s/ Karen Crittenden, as Attorney-in-Fact
Stock symbol
LEA
Transactions as of
Sep 3, 2023
Transactions value $
-$1,159,373
Form type
4
Date filed
9/6/2023, 02:36 PM
Previous filing
Aug 7, 2023
Next filing
Oct 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEA Common Stock Options Exercise $0 +18.3K +200.98% $0.00 27.4K Sep 3, 2023 Direct F1
transaction LEA Common Stock Tax liability -$1.16M -7.94K -28.98% $145.98 19.5K Sep 3, 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 -18.3K -100% $0.00* 0 Sep 3, 2023 Common Stock 18.3K Direct F1, F3
* 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 September 3, 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 September 3, 2019 and vested in three substantially equal installments on the second, third and fourth anniversaries of the grant date.