Form 4 for LEA LEAR CORP
Accepted 2022-11-16 00:00:00 ET · period of report 2022-11-14 · accession 0001209191-22-057218 · 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 | 2022-11-16 | 2022-11-14 | LEA | Orsini Frank C | EVP, Pres, Seating | S - Sale | $150.13 | -19.5K | 11.8K | -62% | -$2.93M |
| D | 2022-11-16 | 2022-11-14 | LEA | Orsini Frank C | EVP, Pres, Seating | A - Grant | $0.00 | +2,046 | 2,046 | 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 | 2022-11-14 | S | D | 19,501 | $150.13 | 11,842 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $150.00 to $150.92, inclusive. The reporting person undertakes to provide to Lear Corporation, any security holder of Lear Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 2 | Derivative | Restricted Stock Units | 2022-11-14 | A | A | 2,046 | $0.00 | 2,046 | D | — · — to — | 2,046 Common Stock | (F2) Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. (F3) These "Career Share" RSUs vest on the third anniversary of the grant date but are not converted into shares of common stock until or after age 62 or a qualifying retirement and remain subject to forfeiture for a voluntary termination prior to meeting retirement eligibility requirements. |