Form 4 for VC VISTEON CORP
Accepted 2022-03-03 00:00:00 ET · period of report 2022-03-01 · accession 0001209191-22-015516 · 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 | 2022-03-03 | 2022-03-01 | VC | PYNNONEN BRETT D | GC, Senior VP | M - OptEx | — | +1,613 | 9,446 | +21% | — |
| D | 2022-03-03 | 2022-03-01 | VC | PYNNONEN BRETT D | GC, Senior VP | F - Tax | $115.26 | -462 | 8,984 | -5% | -$53.3K |
| D | 2022-03-03 | 2022-03-01 | VC | PYNNONEN BRETT D | GC, Senior VP | M - OptEx | $0.00 | -1,613 | 0 | -100% | $0 |
| DM | 2022-03-03 | 2022-03-01 | VC | PYNNONEN BRETT D | GC, Senior VP | A - Grant | $0.00 | +4,747 | 2,339 | New | $0 |
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 | 2022-03-01 | M | A | 1,613 | — | 9,446 | D | — | — | (F1) Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on March 1, 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 March 1, 2022. |
| 2 | Common | Common Stock | 2022-03-01 | F | D | 462 | $115.26 | 8,984 | 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 March 1, 2022. |
| 3 | Derivative | Restricted Stock Units | 2022-03-01 | M | D | 1,613 | $0.00 | 0 | D | — · 2022-03-01 to 2022-03-01 | 1,613 Common Stock | (F1) Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on March 1, 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 March 1, 2022. |
| 4 | Derivative | Performance Rights | 2022-03-01 | A | A | 2,408 | $0.00 | 2,408 | D | — · — to 2025-01-31 | 2,408 Common Stock | (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. |
| 5 | Derivative | Restricted Stock Units | 2022-03-01 | A | A | 2,339 | $0.00 | 2,339 | D | — · — to 2025-03-15 | 2,339 Common Stock | (F4) Restricted Stock Units vest to the extent of 33% of the units granted on the following March 15th of each year after 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. |