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

Signature
/s/ Brett L. Eilander, Attorney-in-fact for Heather M. Tiltmann
Stock symbol
ADNT
Transactions as of
Nov 16, 2023
Transactions value $
-$362,575
Form type
4
Date filed
11/20/2023, 06:47 PM
Previous filing
Jul 5, 2023
Next filing
Feb 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADNT Ordinary Shares Award +19.5K +54.65% 55.2K Nov 16, 2023 Direct F1
transaction ADNT Ordinary Shares Award +21.6K +39.06% 76.7K Nov 16, 2023 Direct F2
transaction ADNT Ordinary Shares Tax liability -$220K -6.7K -8.74% $32.83 70K Nov 16, 2023 Direct F3
transaction ADNT Ordinary Shares Tax liability -$53.3K -1.63K -2.32% $32.80 68.4K Nov 17, 2023 Direct F3
transaction ADNT Ordinary Shares Tax liability -$52.3K -1.59K -2.33% $32.80 66.8K Nov 18, 2023 Direct F3
transaction ADNT Ordinary Shares Tax liability -$36.9K -1.13K -1.69% $32.80 65.7K Nov 19, 2023 Direct F3
holding ADNT Ordinary Shares 2.8K Nov 16, 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.