Frank C. Orsini - Nov 13, 2023 Form 4 Insider Report for LEAR CORP (LEA)

Role
EVP & President, Seating
Signature
/s/ Karen Crittenden, as Attorney-in-Fact
Stock symbol
LEA
Transactions as of
Nov 13, 2023
Transactions value $
$0
Form type
4
Date filed
11/15/2023, 01:31 PM
Previous filing
Aug 7, 2023
Next filing
Jan 4, 2024

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 Award $0 +2.34K $0.00 2.34K Nov 13, 2023 Common Stock 2.34K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
F2 These "Career Share" RSUs vest on the third anniversary of the grant date but are not converted into shares of common stock until or after age 62 or a qualifying retirement and remain subject to forfeiture for a voluntary termination prior to meeting retirement eligibility requirements.