Jerome J. Dorlack - Nov 16, 2023 Form 4 Insider Report for Adient plc (ADNT)

Role
EVP and CFO
Signature
/s/ Brett L. Eilander, Attorney-in-fact for Jerome J. Dorlack
Stock symbol
ADNT
Transactions as of
Nov 16, 2023
Transactions value $
-$1,082,546
Form type
4
Date filed
11/20/2023, 06:45 PM
Previous filing
Dec 2, 2022
Next filing
Dec 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADNT Ordinary Shares Award +24.4K +17.25% 166K Nov 16, 2023 Direct F1
transaction ADNT Ordinary Shares Award +66.8K +40.34% 232K Nov 16, 2023 Direct F2
transaction ADNT Ordinary Shares Tax liability -$806K -24.6K -10.57% $32.83 208K Nov 16, 2023 Direct F3
transaction ADNT Ordinary Shares Tax liability -$98.1K -2.99K -1.44% $32.80 205K Nov 17, 2023 Direct F3
transaction ADNT Ordinary Shares Tax liability -$69.8K -2.13K -1.04% $32.80 203K Nov 18, 2023 Direct F3
transaction ADNT Ordinary Shares Tax liability -$108K -3.3K -1.63% $32.80 199K Nov 19, 2023 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, 2023. The Compensation Committee approved the performance results on November 16, 2023.
F3 Withholding of shares to cover taxes due in connection with the vesting of restricted stock units or performance share units, as applicable.