Heather M. Tiltmann - 17 Nov 2022 Form 4 Insider Report for Adient plc (ADNT)

Role
EVP, CLO, CHRO & Secretary
Signature
/s/ Brett L. Eilander, Attorney-in-fact for Heather M. Tiltmann
Issuer symbol
ADNT
Transactions as of
17 Nov 2022
Net transactions value
-$110,870
Form type
4
Filing time
21 Nov 2022, 20:31:42 UTC
Previous filing
06 Jul 2022
Next filing
10 Feb 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 Award $0 +15,833 +56% $0.000000 43,875 17 Nov 2022 Direct F1
transaction ADNT Ordinary Shares Tax liability $81,690 -2,066 -4.7% $39.54 41,809 18 Nov 2022 Direct F2
transaction ADNT Ordinary Shares Tax liability $29,181 -738 -1.8% $39.54 41,070 19 Nov 2022 Direct F2, F3
holding ADNT Ordinary Shares 2,553 17 Nov 2022 401(k) Savings Plan F4
* 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 Withholding of shares to cover taxes due in connection with the vesting of restricted stock units or performance share units, as applicable.
F3 The amount reported has been revised to correct a historical overstatement in connection with the rounding of fractional shares.
F4 Shares represented by Company stock fund units under the Company Savings Plan based on information furnished by the Plan Administrator as of November 17, 2022.

Remarks:

Exhibit 24, Power of Attorney, is attached