Jian James Huang - 01 Jul 2021 Form 4 Insider Report for Adient plc (ADNT)

Role
EVP, APAC
Signature
/s/ Coreen R. Bell, attorney-in-fact for Jian James Huang
Issuer symbol
ADNT
Transactions as of
01 Jul 2021
Net transactions value
-$263,960
Form type
4
Filing time
02 Jul 2021, 16:19:26 UTC
Next filing
05 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADNT Ordinary Shares Options Exercise $0 +5,845 $0.000000 5,845 01 Jul 2021 Direct F1
transaction ADNT Ordinary Shares Disposed to Issuer $263,960 -5,845 -100% $45.16 0 01 Jul 2021 Direct F1

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 ADNT Restricted Stock Units Options Exercise $0 -5,845 -100% $0.000000* 0 01 Jul 2021 Ordinary Shares 5,845 Direct F2
transaction ADNT Restricted Stock Units Award $0 +4,529 $0.000000 4,529 01 Jul 2021 Ordinary Shares 4,529 $0.000000 Direct 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, which were each the economic equivalent of one ordinary share of Adient plc, vested on July 1, 2021, and were settled for cash.
F2 The restricted stock units were granted July 1, 2020. One half of the restricted stock units vested on the date that was six months from the grant date, the remaining half vested on the date that was one year from the grant date. Restricted stock units are settled in cash.
F3 Reflects a grant of restricted stock units that will vest upon the one year anniversary of the grant date (subject to continued vesting upon retirement or an involuntary termination without cause, or accelerated vesting upon death or disability). Restricted stock units are settled in cash.