Jian James Huang - 17 Nov 2022 Form 4 Insider Report for Adient plc (ADNT)

Role
EVP, APAC
Signature
/s/ Brett L. Eilander, attorney-in-fact for Jian James Huang
Issuer symbol
ADNT
Transactions as of
17 Nov 2022
Net transactions value
-$882,693
Form type
4
Filing time
21 Nov 2022, 20:30:42 UTC
Previous filing
06 Jul 2022
Next filing
20 Nov 2023
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 $0 +10,149 $0.000000 10,149 17 Nov 2022 Direct F1
transaction ADNT Ordinary Shares Disposed to Issuer $390,736 -10,149 -100% $38.50 0 17 Nov 2022 Direct F1
transaction ADNT Ordinary Shares Options Exercise $0 +8,032 $0.000000 8,032 18 Nov 2022 Direct F2
transaction ADNT Ordinary Shares Disposed to Issuer $317,585 -8,032 -100% $39.54 0 18 Nov 2022 Direct F2
transaction ADNT Ordinary Shares Options Exercise $0 +4,410 $0.000000 4,410 19 Nov 2022 Direct F3
transaction ADNT Ordinary Shares Disposed to Issuer $174,371 -4,410 -100% $39.54 0 19 Nov 2022 Direct F3

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 Award $0 +10,784 $0.000000 10,784 17 Nov 2022 Ordinary Shares 10,784 $0.000000 Direct F4
transaction ADNT Performance Share Units Options Exercise $0 -10,149 -100% $0.000000* 0 17 Nov 2022 Ordinary Shares 10,149 $0.000000 Direct F1
transaction ADNT Restricted Stock Units Options Exercise $0 -8,032 -100% $0.000000* 0 18 Nov 2022 Restricted Stock Units 8,032 $0.000000 Direct F2
transaction ADNT Restricted Stock Units Options Exercise $0 -4,410 -100% $0.000000* 0 19 Nov 2022 Restricted Stock Units 4,410 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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. Mr. Huang's performance share units vested and were settled for cash on November 17, 2022.
F2 Reflects vesting of restricted share units, which were settled for cash, on November 18, 2022.
F3 Reflects vesting of restricted share units, which were settled for cash, on November 19, 2022.
F4 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. Mr. Huang's restricted stock units are settled in cash.

Remarks:

Exhibit 24, Power of Attorney, is attached.