Heather M. Tiltmann - 16 Nov 2023 Form 4 Insider Report for Adient plc (ADNT)

Signature
/s/ Brett L. Eilander, Attorney-in-fact for Heather M. Tiltmann
Issuer symbol
ADNT
Transactions as of
16 Nov 2023
Net transactions value
-$362,575
Form type
4
Filing time
20 Nov 2023, 18:47:13 UTC
Previous filing
05 Jul 2023
Next filing
15 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADNT Ordinary Shares Award +19,494 +55% 55,167 16 Nov 2023 Direct F1
transaction ADNT Ordinary Shares Award +21,550 +39% 76,717 16 Nov 2023 Direct F2
transaction ADNT Ordinary Shares Tax liability $220,059 -6,703 -8.7% $32.83 70,014 16 Nov 2023 Direct F3
transaction ADNT Ordinary Shares Tax liability $53,300 -1,625 -2.3% $32.80 68,389 17 Nov 2023 Direct F3
transaction ADNT Ordinary Shares Tax liability $52,283 -1,594 -2.3% $32.80 66,795 18 Nov 2023 Direct F3
transaction ADNT Ordinary Shares Tax liability $36,933 -1,126 -1.7% $32.80 65,669 19 Nov 2023 Direct F3
holding ADNT Ordinary Shares 2,801 16 Nov 2023 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 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.
F4 Shares represented by Company stock fund units under the Company Savings Plan based on information furnished by the Plan Administrator as of November 16, 2023.