Delphi Automotive PLC 4
4 · Delphi Automotive PLC · Filed Feb 19, 2015
Insider Transaction Report
Form 4
SPENCER JAMES A
VP&President, E/EA
Transactions
- Exercise of In-Money
Ordinary Shares
2015-02-17+3,118→ 288,940 total - Award
Ordinary Shares
2015-02-17+22,099→ 311,039 total - Tax Payment
Ordinary Shares
2015-02-17$78.70/sh−61,741$4,859,017→ 249,298 total - Award
Ordinary Shares
2015-02-18+6,156→ 255,454 total - Award
Ordinary Shares
2015-02-18+18,471→ 273,925 total - Exercise of In-Money
Dividend Equivalent Right
2015-02-17−3,118→ 3,310.541 total→ Ordinary Shares (3,118 underlying)
Footnotes (5)
- [F1]Settlement of dividend equivalent rights in connection with the vesting of restricted stock units. The rights accrued when and as dividends were paid on the Issuer's ordinary shares and vested proportionately with the restricted stock unit to which they related. Each dividend equivalent right is the economic equivalent of one ordinary share.
- [F2]Additional ordinary shares acquired in connection with achievement in excess of target of specified performance criteria for the 2012 through 2014 performance period.
- [F3]Shares withheld to pay tax liabilities incident to the vesting of restricted stock units and settlement of dividend equivalent rights.
- [F4]The shares will vest in three equal installments beginning on the first anniversary of the date of grant.
- [F5]Each performance share represents a contingent right to receive an ordinary share of Delphi Automotive PLC, and will vest based upon the achievement of specified performance criteria, with a performance period from January 1, 2015 to December 31, 2017.