Form 4 for ADNT Adient plc
Accepted 2023-11-20 00:00:00 ET · period of report 2023-11-16 · accession 0001670541-23-000159 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-11-20 | 2023-11-16 | ADNT | DELGROSSO DOUGLAS G | Pres, CEO, Dir | A - Grant | — | +531.3K | 717.8K | +285% | — |
| M | 2023-11-20 | 2023-11-16+ | ADNT | DELGROSSO DOUGLAS G | Pres, CEO, Dir | F - Tax | $32.82 | -223.0K | 904.3K | -20% | -$7.32M |
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 | 2023-11-16 | A | A | 409,482 | — | 1,127,234 | D | — | — | (F2) Represents performance share units earned for the three-year performance period ended September 30, 2023. The Compensation Committee approved the performance results on November 16, 2023. |
| 2 | Common | Ordinary Shares | 2023-11-16 | F | D | 176,114 | $32.83 | 951,120 | D | — | — | (F3) Withholding of shares to cover taxes due in connection with the vesting of restricted stock units or performance share units, as applicable. |
| 3 | Common | Ordinary Shares | 2023-11-17 | F | D | 14,949 | $32.80 | 936,171 | D | — | — | (F3) Withholding of shares to cover taxes due in connection with the vesting of restricted stock units or performance share units, as applicable. |
| 4 | Common | Ordinary Shares | 2023-11-18 | F | D | 11,686 | $32.80 | 924,485 | D | — | — | (F3) Withholding of shares to cover taxes due in connection with the vesting of restricted stock units or performance share units, as applicable. |
| 5 | Common | Ordinary Shares | 2023-11-19 | F | D | 20,234 | $32.80 | 904,251 | D | — | — | (F3) Withholding of shares to cover taxes due in connection with the vesting of restricted stock units or performance share units, as applicable. |
| 6 | Common | Ordinary Shares | 2023-11-16 | A | A | 121,839 | — | 717,752 | D | — | — | (F1) Reflects grant of restricted stock units, that, subject to certain acceleration and forfeiture provisions, vest in three equal installments on each of the first, second and third anniversaries of the grant date. Restricted stock units convert into ordinary shares upon vesting, or, to the extent deferred, upon settlement. |