Adient Ltd 4
4 · Adient Ltd · Filed Nov 22, 2016
Insider Transaction Report
Form 4
Adient LtdADNT
Mitchell Eric S
Executive Vice President
Transactions
- Tax Payment
Ordinary Shares
2016-11-19$53.05/sh−140$7,427→ 1,934 total - Award
Ordinary Shares
2016-11-18$53.05/sh+10,779$571,826→ 12,056 total(indirect: By 401(k))
Holdings
- 877
Employee Stock Option (right to buy)
Exercise: $28.97From: 2014-10-05Exp: 2022-10-05→ Ordinary Shares (877 underlying) - 1,326
Employee Stock Option (right to buy)
Exercise: $50.31From: 2015-11-19Exp: 2023-11-19→ Ordinary Shares (1,326 underlying) - 49,776
Deferred Compensation - Phantom Stock Units
→ Ordinary Shares (49,776 underlying) - 1,483
Employee Stock Option (right to buy)
Exercise: $45.62From: 2017-10-07Exp: 2025-10-07→ Ordinary Shares (1,483 underlying) - 1,255
Employee Stock Option (right to buy)
Exercise: $52.24From: 2016-11-18Exp: 2024-11-18→ Ordinary Shares (1,255 underlying) - 160
Employee Stock Option (right to buy)
Exercise: $33.68From: 2014-03-20Exp: 2022-03-20→ Ordinary Shares (160 underlying)
Footnotes (6)
- [F1]Withholding of shares to cover taxes due on restricted shares that vested on 11/19/16.
- [F2]Shares represented by Company stock fund units acquired under the Company Savings Plan based on information furnished by the Plan Administrator as of 11/18/16.
- [F3]50% of the options vest on the second and the remaining 50% vest on the third anniversary of the award.
- [F4]Options acquired in connection with the completion of the spin-off pursuant to which Johnson Controls' options were converted into a proportionate number of options of Adient plc.
- [F5]Each unit of phantom stock has the equivalend economic value of one share of Adient common stock.
- [F6]Phantom Stock Units covered under the Adient Deferred Compensation Plan acquired with the completion of the spin-off between Johnson Controls International plc ("JCI") and Adient plc ("Adient")(the "spin-off"). The units will settle 100% in cash upon the reporting person's retirement or termination, subject to vesting requirements.