Michel Berthelin - Nov 16, 2023 Form 4 Insider Report for Adient plc (ADNT)

Role
EVP, EMEA
Signature
/s/ Brett L. Eilander, attorney-in-fact for Michel Berthelin
Stock symbol
ADNT
Transactions as of
Nov 16, 2023
Transactions value $
-$936,286
Form type
4
Date filed
11/20/2023, 06:49 PM
Previous filing
Nov 21, 2022
Next filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADNT Ordinary Shares Award +19.5K +34.67% 75.7K Nov 16, 2023 Direct F1
transaction ADNT Ordinary Shares Award +46.8K +61.76% 122K Nov 16, 2023 Direct F2
transaction ADNT Ordinary Shares Tax liability -$729K -22.2K -18.14% $32.83 100K Nov 16, 2023 Direct F3
transaction ADNT Ordinary Shares Tax liability -$71.2K -2.17K -2.16% $32.80 98.1K Nov 17, 2023 Direct F3
transaction ADNT Ordinary Shares Tax liability -$53.2K -1.62K -1.65% $32.80 96.5K Nov 18, 2023 Direct F3
transaction ADNT Ordinary Shares Tax liability -$82.6K -2.52K -2.61% $32.80 94K 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.