Form 4 for VC VISTEON CORP
Accepted 2023-02-17 00:00:00 ET · period of report 2023-02-15 · accession 0001209191-23-010340 · 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 | 2023-02-17 | 2023-02-15 | VC | Lawande Sachin | CEO, Pres, Dir | M - OptEx | — | +72.2K | 264.7K | +38% | — |
| D | 2023-02-17 | 2023-02-15 | VC | Lawande Sachin | CEO, Pres, Dir | F - Tax | $156.32 | -30.6K | 234.2K | -12% | -$4.78M |
| D | 2023-02-17 | 2023-02-15 | VC | Lawande Sachin | CEO, Pres, Dir | A - Grant | — | -36.1K | 72.2K | -33% | — |
| D | 2023-02-17 | 2023-02-15 | VC | Lawande Sachin | CEO, Pres, Dir | M - OptEx | — | -72.2K | 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 | 2023-02-15 | M | A | 72,228 | — | 264,744 | D | — | — | (F1) Each performance right, which is the economic equivalent of one share of Visteon common stock, was converted and paid to me in common stock without any election or action on my part pursuant to the Performance Share Unit award made to me in 2020. |
| 2 | Common | Common Stock | 2023-02-15 | F | D | 30,550 | $156.32 | 234,194 | D | — | — | (F2) The shares were withheld by Visteon to satisfy income tax withholding obligations arising in connection with the vesting of certain Performance Rights. |
| 3 | Derivative | Performance Rights | 2023-02-15 | A | D | 36,114 | — | 72,228 | D | — · — to 2023-01-31 | 72,228 Common Stock | (F3) Each Performance Right represents a contingent right to receive one share of Visteon common stock. The Performance Rights vested based on relative total shareholder return over a three year performance period ending on December 31, 2022 and were paid in stock at the election of the Company. |
| 4 | Derivative | Performance Rights | 2023-02-15 | M | D | 72,228 | — | 0 | D | — · — to 2023-01-31 | 72,228 Common Stock | (F3) Each Performance Right represents a contingent right to receive one share of Visteon common stock. The Performance Rights vested based on relative total shareholder return over a three year performance period ending on December 31, 2022 and were paid in stock at the election of the Company. |