Form 4 for ADNT Adient plc
Accepted 2021-10-19 00:00:00 ET · period of report 2021-10-15 · accession 0001670541-21-000098 · 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 | 2021-10-19 | 2021-10-15 | ADNT | DELGROSSO DOUGLAS G | Pres, CEO, Dir | F - Tax | $41.98 | -59.0K | 373.7K | -14% | -$2.48M |
| D | 2021-10-19 | 2021-10-15 | ADNT | DELGROSSO DOUGLAS G | Pres, CEO, Dir | M - OptEx | — | +135.4K | 432.8K | +46% | — |
| D | 2021-10-19 | 2021-10-15 | ADNT | DELGROSSO DOUGLAS G | Pres, CEO, Dir | M - OptEx | $0.00 | -135.4K | 0 | -100% | $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 | Ordinary Shares | 2021-10-15 | F | D | 59,025 | $41.98 | 373,748.34 | D | — | — | |
| 2 | Common | Ordinary Shares | 2021-10-15 | M | A | 135,378.42 | — | 432,773.34 | D | — | — | (F1) Each performance share unit ("PSU") is the equivalent of one Adient plc ordinary share. The PSUs vest based on the difference in (i) the average closing price of Adient ordinary shares over the 10 trading days before and 10 trading days after October 1, 2018, the reporting person's start date with Adient, and (i) the average closing price of Adient ordinary shares over the 10 trading days before and 10 trading days after the third anniversary of the grant date, as set forth in the Form 8-K dated September 13, 2018. The number of PSUs earned was equal to the target number. |
| 3 | Derivative | Performance Share Units | 2021-10-15 | M | D | 135,378.42 | $0.00 | 0 | D | — · — to — | 135,378.42 Deferred Compensation - Phantom Stock Units | (F1) Each performance share unit ("PSU") is the equivalent of one Adient plc ordinary share. The PSUs vest based on the difference in (i) the average closing price of Adient ordinary shares over the 10 trading days before and 10 trading days after October 1, 2018, the reporting person's start date with Adient, and (i) the average closing price of Adient ordinary shares over the 10 trading days before and 10 trading days after the third anniversary of the grant date, as set forth in the Form 8-K dated September 13, 2018. The number of PSUs earned was equal to the target number. |