Form 4 for VC VISTEON CORP
Accepted 2023-03-17 00:00:00 ET · period of report 2023-03-15 · accession 0001209191-23-019613 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-03-17 | 2023-03-15 | VC | Lawande Sachin | CEO, Pres, Dir | M - OptEx | — | +21.6K | 244.6K | +10% | — |
| DM | 2023-03-17 | 2023-03-15 | VC | Lawande Sachin | CEO, Pres, Dir | F - Tax | $155.17 | -9,400 | 246.4K | -4% | -$1.46M |
| DM | 2023-03-17 | 2023-03-15 | VC | Lawande Sachin | CEO, Pres, Dir | M - OptEx | — | -21.6K | 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 | 2023-03-15 | M | A | 6,447 | — | 240,641 | D | — | — | (F1) Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on March 15, 2023 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 15, 2023. |
| 2 | Common | Common Stock | 2023-03-15 | M | A | 8,332 | — | 249,985 | D | — | — | (F1) Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on March 15, 2023 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 15, 2023. |
| 3 | Common | Common Stock | 2023-03-15 | F | D | 2,956 | $155.31 | 241,653 | 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 15, 2023. |
| 4 | Common | Common Stock | 2023-03-15 | F | D | 2,811 | $154.84 | 237,830 | 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 15, 2023. |
| 5 | Common | Common Stock | 2023-03-15 | M | A | 6,779 | — | 244,609 | D | — | — | (F1) Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on March 15, 2023 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 15, 2023. |
| 6 | Common | Common Stock | 2023-03-15 | F | D | 3,633 | $155.31 | 246,352 | 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 15, 2023. |
| 7 | Derivative | Restricted Stock Units | 2023-03-15 | M | D | 8,332 | — | 16,666 | D | — · — to 2025-03-15 | 8,332 Common Stock | (F1) Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on March 15, 2023 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 15, 2023. (F3) 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. |
| 8 | Derivative | Restricted Stock Units | 2023-03-15 | M | D | 6,779 | — | 6,780 | D | — · — to 2024-03-15 | 6,779 Common Stock | (F1) Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on March 15, 2023 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 15, 2023. (F3) 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. |
| 9 | Derivative | Restricted Stock Units | 2023-03-15 | M | D | 6,447 | — | 0 | D | — · — to 2023-03-15 | 6,447 Common Stock | (F1) Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on March 15, 2023 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 15, 2023. (F3) 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. |