ERIC RESCH - 04 Jun 2021 Form 4 Insider Report for TE Connectivity Ltd. (TEL)

Role
Sr VP & Chief Tax Officer
Signature
Harold G. Barksdale, attorney-in-fact
Issuer symbol
TEL
Transactions as of
04 Jun 2021
Net transactions value
$0
Form type
4
Filing time
07 Jun 2021, 16:27:21 UTC
Previous filing
28 May 2021
Next filing
07 Sep 2021
SEC
View on sec.gov

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 TEL Restricted Stock Units Award $0 +32 +0.36% $0.000000 8,881 04 Jun 2021 Common Shares 32 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Conversion is 1-for-1.
F2 Restricted stock units issued as dividend equivalents on occurrence of payment to Issuer's shareholders. Subject to acceleration upon certain events, the restricted stock units vest on the second anniversary of the underlying RSU award grant date, receive dividend equivalent stock units and convert to common shares upon vesting.