MALLETT CONRAD L JR 4
4 · LEAR CORP · Filed May 20, 2025
Insider Transaction Report
Form 4
LEAR CORPLEA
MALLETT CONRAD L JR
Director
Transactions
- Exercise/Conversion
Common Stock
2025-05-16+1,271→ 1,271 total - Award
Restricted Stock Units
2025-05-16+1,859→ 1,859 total→ Common Stock (1,859 underlying) - Exercise/Conversion
Restricted Stock Units
2025-05-16−1,271→ 0 total→ Common Stock (1,271 underlying)
Footnotes (3)
- [F1]The restricted stock units vested and settled in common stock on May 16, 2025. 1,337 restricted stock units were granted on May 16, 2024. These restricted stock units vested on the Transaction Date, but 66 were deferred pursuant to the Lear Corporation Outside Directors Plan until the earlier to occur of Mr. Mallett's retirement as a director, a change in control of the Issuer or February 20, 2027.
- [F2]Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
- [F3]The restricted stock units were granted on May 16, 2025 under the Lear Corporation 2019 Long-Term Stock Incentive Plan. The restricted stock units vest on the earlier of (i) the first anniversary of the grant date or (ii) the date of the next annual meeting of stockholders following the grant date.