Matthew M. Cole - 01 Jul 2021 Form 4 Insider Report for VISTEON CORP (VC)

Reporting relationship: Senior Vice President
Issuer ticker: VC
Reported as of: 01 Jul 2021
Net transaction value: $0
SEC form: 4
Accepted by SEC: 06 Jul 2021, 16:38:31 UTC
Next SEC filing: 03 Jan 2023
Source filing: View source filing
Reporting owner signature: Heidi A. Sepanik, Secretary, Visteon Corporation on behalf of Matthew M. Cole

Key filing fact

Matthew M. Cole filed Form 4 for VISTEON CORP (VC) on 06 Jul 2021.

Key facts

This page summarizes Matthew M. Cole's Form 4 filing for VISTEON CORP (VC).
8 reported transactions and 8 derivative rows are listed below.
Accepted by SEC: 06 Jul 2021, 16:38.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

VC holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 12,236
Date: 01 Jul 2021
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

VC transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value: $0
Shares: -389
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 389
Exercise price
Footnotes: F1, F2

VC transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value: $0
Shares: -946
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 946
Exercise price
Footnotes: F1, F2

VC transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value: $0
Shares: -1,377
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,377
Exercise price
Footnotes: F1, F2

VC transaction Derivative

Performance Stock Units

Disposed to Issuer

Transaction value: $0
Shares: -1,674
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,674
Exercise price
Footnotes: F3, F4

VC transaction Derivative

Performance Stock Units

Disposed to Issuer

Transaction value: $0
Shares: -2,648
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,648
Exercise price
Footnotes: F3, F4

VC transaction Derivative

Performance Stock Units

Disposed to Issuer

Transaction value: $0
Shares: -1,768
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,768
Exercise price
Footnotes: F3, F4

VC transaction Derivative

Employee Stock Option (right to buy)

Disposed to Issuer

Transaction value: $0
Shares: -1,364
Change %: -50%
Price: $0.000000
Shares after: 1,364
Date: 01 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,364
Exercise price: $80.97
Footnotes: F5, F6

VC transaction Derivative

Employee Stock Option (right to buy)

Disposed to Issuer

Transaction value: $0
Shares: -3,429
Change %: -67%
Price: $0.000000
Shares after: 1,714
Date: 01 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,429
Exercise price: $66.98
Footnotes: F5, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Matthew M. Cole is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 6 footnotes

Footnote F1

Restricted Stock Units vest to the extent of 33% of the units granted each year following the first annivesary of the date of grant until the third anniverary of the date of grant. Each Restricted Stock Unit will be converted and distributed to me, without payment, in stock upon vesting and based upon the then current market value of a share of Visteon common stock, subject to tax withholding.

Footnote F2

These restricted stock units were forfeited in connection with Mr. Cole's departure from the Company.

Footnote F3

Each performance right represents a contingent right to receive one share of Visteon common stock. The vesting of the performance rights is based on relative total shareholder return over a three year performance period and payable in stock subject to tax withholding.

Footnote F4

These performance rights were forfeited in connection with Mr. Cole's departure from the Company.

Footnote F5

These stock options were forfeited in connection with Mr. Cole's departure from the Company.

Footnote F6

The option is exercisable to the extent of one third of the shares optioned after one year from the date of grant, two-thirds in two years and in full after three years.