Jerome J. Dorlack - Nov 17, 2022 Form 4 Insider Report for Adient plc (ADNT)

Role
EVP, Americas
Signature
/s/ Brett L. Eilander, Attorney-in-fact for Jerome J. Dorlack
Stock symbol
ADNT
Transactions as of
Nov 17, 2022
Transactions value $
-$1,434,567
Form type
4
Date filed
11/21/2022, 08:30 PM
Previous filing
Jul 6, 2022
Next filing
Nov 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADNT Ordinary Shares Award $0 +20.8K +18.51% $0.00 133K Nov 17, 2022 Direct F1
transaction ADNT Ordinary Shares Award $0 +47.4K +35.6% $0.00 180K Nov 17, 2022 Direct F2
transaction ADNT Ordinary Shares Tax liability -$664K -17.2K -9.56% $38.50 163K Nov 17, 2022 Direct F3
transaction ADNT Ordinary Shares Tax liability -$644K -16.3K -9.98% $39.54 147K Nov 18, 2022 Direct F3
transaction ADNT Ordinary Shares Tax liability -$127K -3.21K -2.18% $39.54 144K Nov 19, 2022 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, 2022. The Compensation Committee approved the performance results on November 17, 2022.
F3 Withholding of shares to cover taxes due in connection with the vesting of restricted stock units or performance share units, as applicable.

Remarks:

Exhibit 24, Power of Attorney, is attached.