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

Role
Sr VP & Chief Strategy Officer
Signature
/s/ Karen Crittenden, as Attorney-in-Fact
Stock symbol
LEA
Transactions as of
Jan 4, 2024
Transactions value $
-$143,004
Form type
4
Date filed
1/5/2024, 01:42 PM
Previous filing
Jan 4, 2024
Next filing
Feb 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEA Common Stock Options Exercise $0 +683 +20.44% $0.00 4.02K Jan 4, 2024 Direct F1
transaction LEA Common Stock Tax liability -$44.8K -334 -8.3% $134.15 3.69K Jan 4, 2024 Direct F2
transaction LEA Common Stock Options Exercise $0 +518 +14.04% $0.00 4.21K Jan 4, 2024 Direct F1
transaction LEA Common Stock Tax liability -$34.1K -254 -6.04% $134.15 3.95K Jan 4, 2024 Direct F2
transaction LEA Common Stock Options Exercise $0 +1.09K +27.64% $0.00 5.05K Jan 4, 2024 Direct F1
transaction LEA Common Stock Tax liability -$64.1K -478 -9.47% $134.15 4.57K Jan 4, 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% $0.00* 0 Jan 4, 2024 Common Stock 683 Direct F3
transaction LEA Restricted Stock Units Options Exercise $0 -518 -50% $0.00 518 Jan 4, 2024 Common Stock 518 Direct F4
transaction LEA Restricted Stock Units Options Exercise $0 -1.09K -33.35% $0.00 2.18K Jan 4, 2024 Common Stock 1.09K 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.