Alicia J. Davis - 04 Jan 2024 Form 4 Insider Report for LEAR CORP (LEA)

Role: Sr VP & Chief Strategy Officer
Signature: /s/ Karen Crittenden, as Attorney-in-Fact
Issuer symbol: LEA
Transactions as of: 04 Jan 2024
Net transactions value: -$143,004
Form type: 4
Filing time: 05 Jan 2024, 13:42:04 UTC
Previous filing: 04 Jan 2024
Next filing: 09 Feb 2024
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	+683	+20%	$0.000000	4,024	04 Jan 2024	Direct	F1
transaction	LEA	Common Stock	Tax liability	$44,806	-334	-8.3%	$134.15	3,690	04 Jan 2024	Direct	F2
transaction	LEA	Common Stock	Options Exercise	$0	+518	+14%	$0.000000	4,208	04 Jan 2024	Direct	F1
transaction	LEA	Common Stock	Tax liability	$34,074	-254	-6%	$134.15	3,954	04 Jan 2024	Direct	F2
transaction	LEA	Common Stock	Options Exercise	$0	+1,093	+28%	$0.000000	5,047	04 Jan 2024	Direct	F1
transaction	LEA	Common Stock	Tax liability	$64,124	-478	-9.5%	$134.15	4,569	04 Jan 2024	Direct

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	-683	-100%	$0.000000^*	0	04 Jan 2024	Common Stock	683		Direct	F3
transaction	LEA	Restricted Stock Units	Options Exercise	$0	-518	-50%	$0.000000	518	04 Jan 2024	Common Stock	518		Direct	F4
transaction	LEA	Restricted Stock Units	Options Exercise	$0	-1,093	-33%	$0.000000	2,184	04 Jan 2024	Common Stock	1,093		Direct	F5

* 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, 2024.
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-third of the restricted stock units vested on January 4, 2022; one-third of the restricted stock units vested on January 4, 2023 and the remaining one-third of the restricted stock units vested 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 vested on January 4, 2024 and the remaining one-third of the restricted stock units vest on January 4, 2025.
F5	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 3, 2023. One-third of the restricted stock units vested on January 4, 2024; one-third of the restricted stock units vest on January 4, 2025 and the remaining one-third of the restricted stock units vest on January 4, 2026.