G. Delgrosso - Nov 18, 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
Stock symbol
ADNT
Transactions as of
Nov 18, 2021
Transactions value $
-$1,959,472
Form type
4
Date filed
11/22/2021, 04:43 PM
Previous filing
Oct 19, 2021
Next filing
Nov 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADNT Ordinary Shares Award $0 +81.2K +21.73% $0.00 455K Nov 18, 2021 Direct F1
transaction ADNT Ordinary Shares Award $0 +59.7K +13.12% $0.00 515K Nov 18, 2021 Direct F2
transaction ADNT Ordinary Shares Tax liability -$1.96M -41.9K -8.14% $46.79 473K Nov 18, 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects grant of restricted stock units, that, subject to certain acceleration and forfeiture provisions, vest in three equal installments on each of the first, second and third anniversaries of the grant date. Restricted stock units convert into ordinary shares upon vesting, or, to the extent deferred, upon settlement.
F2 Represents performance share units earned for the three-year performance period ended September 30, 2021. The Compensation Committee approved the performance results on November 18, 2021.
F3 Withholding of shares to cover taxes due in connection with the vesting of restricted stock units and performance share units.