Form 4 for VC VISTEON CORP
Accepted 2022-01-25 00:00:00 ET · period of report 2022-01-21 · accession 0001209191-22-004764 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-01-25 | 2022-01-21 | VC | Rouquet Jerome | SVP, CFO | M - OptEx | — | +2,856 | 5,766 | +98% | — |
| D | 2022-01-25 | 2022-01-21 | VC | Rouquet Jerome | SVP, CFO | F - Tax | $106.44 | -886 | 4,880 | -15% | -$94.3K |
| D | 2022-01-25 | 2022-01-21 | VC | Rouquet Jerome | SVP, CFO | M - OptEx | — | -2,856 | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-01-21 | M | A | 2,856 | — | 5,766 | D | — | — | (F1) Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on January 21, 2022, and was converted and paid to me in common stock without any election or action on my part. The value of each share was based on the fair market value of Visteon common stock as of January 21, 2022. |
| 2 | Common | Common Stock | 2022-01-21 | F | D | 886 | $106.44 | 4,880 | D | — | — | (F2) These shares were withheld by Visteon to satisfy income tax withholding obligations arising in connection with the vesting of certain Restricted Stock Units. The value of each share was based on the fair market value of Visteon common stock as of January 21, 2022. |
| 3 | Derivative | Restricted Stock Units | 2022-01-21 | M | D | 2,856 | — | 0 | D | — · — to 2022-01-21 | 2,856 Common Stock | (F1) Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on January 21, 2022, and was converted and paid to me in common stock without any election or action on my part. The value of each share was based on the fair market value of Visteon common stock as of January 21, 2022. (F3) Restricted Stock Units vest to the extent of 50% of the units granted each year following the first anniversary of the date of grant until the second anniversary of the date of grant. Each Restricted Stock Unit will be converted and distributed to me, without payment, in stock or cash at the election of Visteon, upon vesting and based upon the then current market value of a share of Visteon common stock, subject to tax withholding. |