Douglas G. Delgrosso - 15 Oct 2021 Form 4 Insider Report for Adient plc (ADNT)

Role: President and CEO, Director
Signature: /s/ Heather M. Tiltmann, attorney-in-fact for Douglas G. DelGrosso
Issuer symbol: ADNT
Transactions as of: 15 Oct 2021
Net transactions value: -$2,477,870
Form type: 4
Filing time: 19 Oct 2021, 17:24:28 UTC
Previous filing: 05 Oct 2021
Next filing: 22 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ADNT	Ordinary Shares	Options Exercise		+135,378	+46%		432,773	15 Oct 2021	Direct	F1
transaction	ADNT	Ordinary Shares	Tax liability	$2,477,870	-59,025	-14%	$41.98	373,748	15 Oct 2021	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	ADNT	Performance Share Units	Options Exercise	$0	-135,378	-100%	$0.000000^*	0	15 Oct 2021	Deferred Compensation - Phantom Stock Units	135,378		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each performance share unit ("PSU") is the equivalent of one Adient plc ordinary share. The PSUs vest based on the difference in (i) the average closing price of Adient ordinary shares over the 10 trading days before and 10 trading days after October 1, 2018, the reporting person's start date with Adient, and (i) the average closing price of Adient ordinary shares over the 10 trading days before and 10 trading days after the third anniversary of the grant date, as set forth in the Form 8-K dated September 13, 2018. The number of PSUs earned was equal to the target number.

Content

Each performance share unit ("PSU") is the equivalent of one Adient plc ordinary share. The PSUs vest based on the difference in (i) the average closing price of Adient ordinary shares over the 10 trading days before and 10 trading days after October 1, 2018, the reporting person's start date with Adient, and (i) the average closing price of Adient ordinary shares over the 10 trading days before and 10 trading days after the third anniversary of the grant date, as set forth in the Form 8-K dated September 13, 2018. The number of PSUs earned was equal to the target number.