4//SEC Filing
Shull Keith M 4
Accession 0001209191-13-023671
CIK 0001111335other
Filed
May 1, 8:00 PM ET
Accepted
May 2, 4:29 PM ET
Size
19.4 KB
Accession
0001209191-13-023671
Insider Transaction Report
Form 4
Shull Keith M
Senior Vice President
Transactions
- Disposition to Issuer
Performance Right
2013-04-30−2,469→ 3,552 totalExp: 2014-12-31→ Common Stock (2,469 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2013-04-30−3,890→ 1,944 totalExercise: $53.57Exp: 2022-02-27→ Common Stock (3,890 underlying) - Disposition to Issuer
Performance Right
2013-04-30−50,563→ 9,490 totalExp: 2015-12-31→ Common Stock (50,563 underlying) - Disposition to Issuer
Restricted Stock Unit
2013-04-30−12,106→ 2,429 totalExp: 2015-10-29→ Common Stock (12,106 underlying) - Tax Payment
Common Stock
2013-04-30$58.79/sh−1,876$110,290→ 10,047 total - Disposition to Issuer
Common Stock
2013-04-30−6,130→ 3,917 total - Disposition to Issuer
Employee Stock Option (right to buy)
2013-04-30−129,843→ 6,491 totalExercise: $60.62Exp: 2021-05-31→ Common Stock (129,843 underlying)
Footnotes (9)
- [F1]The shares were withheld by Visteon to satisfy income tax withholding obligations arising in connection with the vesting of certain shares of restricted common stock. The value of each share was based on the fair market value of Visteon common stock as of April 30, 2013.
- [F2]These shares of restricted common stock were forfeited in connection with Mr. Shull's departure from the Company.
- [F3]These stock options were forfeited in connection with Mr. Shull's departure from the Company.
- [F4]The option is exercisable to the extent of 33% of the shares optioned after one year from the date of grant, 66% in two years and in full after three years.
- [F5]Each performance right represents a contingent right to receive one share of Visteon common stock. The vesting of the performance rights is based on relative shareholder return over a three year performace period and payable in stock (or cash at the election of Visteon), subject to tax withholding.
- [F6]These performance rights were forfeited in connection with Mr. Shull's departure from the Company.
- [F7]Each performance right represents a contingent right to receive one share of Visteon common stock. The vesting of the performance rights is based on achievment of a total shareholder return goal during a three year performace period and payable in stock (or cash at the election of Visteon), subject to tax withholding.
- [F8]Restricted stock units vest to the extent of 33% of the units granted each year following the first anniversary of the date of grant until the third anniversary of the date of grant. Each restricted stock unit will be converted and distributed to me, without payment, in stock (or cash at the election of Visteon), subject to cash withholding.
- [F9]These restricted stock units were forfeited in connection with Mr. Shull's departure from the Company.
Documents
Issuer
VISTEON CORP
CIK 0001111335
Entity typeother
Related Parties
1- filerCIK 0001482798
Filing Metadata
- Form type
- 4
- Filed
- May 1, 8:00 PM ET
- Accepted
- May 2, 4:29 PM ET
- Size
- 19.4 KB