4//SEC Filing
VISTEON CORP 4
Accession 0001209191-17-018876
$VCCIK 0001111335operating
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 5:19 PM ET
Size
23.3 KB
Accession
0001209191-17-018876
Insider Transaction Report
Form 4
Robertson William M
Vice President
Transactions
- Exercise/Conversion
Common Stock
2017-03-04+426→ 1,733 total - Tax Payment
Common Stock
2017-03-04$94.77/sh−135$12,794→ 1,598 total - Exercise/Conversion
Common Stock
2017-03-05+225→ 1,823 total - Tax Payment
Common Stock
2017-03-05$94.77/sh−72$6,823→ 1,751 total - Award
Employee Stock Option (right to buy)
2017-03-03+3,416→ 3,416 totalExercise: $94.77Exp: 2024-03-02→ Common Stock (3,416 underlying) - Award
Performance Rights
2017-03-03+1,635→ 1,635 totalExp: 2020-01-31→ Common Stock (1,635 underlying) - Award
Restricted Stock Units
2017-03-03+982→ 982 totalExp: 2020-03-03→ Common Stock (982 underlying) - Exercise/Conversion
Restricted Stock Units
2017-03-04−426→ 854 totalExp: 2019-03-04→ Common Stock (426 underlying) - Exercise/Conversion
Restricted Stock Units
2017-03-05−225→ 225 totalExp: 2018-03-05→ Common Stock (225 underlying)
Holdings
- 1,300(indirect: See Footnote)
Common Stock
Footnotes (7)
- [F1]Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on March 4, 2017 and was converted and paid to me in common stock without any election or action on my part. The value of each share was based on the fair market value of Visteon common stock as of March 3, 2017, the next preceding trading day.
- [F2]These shares were withheld by Visteon to satisfy income tax withholding obligations arising in connection with the vesting of certain Restricted Stock Units. The value of each share was based on the fair market value of Visteon common stock as of March 3, 2017, the next preceding trading day.
- [F3]Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on March 5, 2017 and was converted and paid to me in common stock without any election or action on my part. The value of each share was based on the fair market value of Visteon common stock as of March 3, 2017, the next preceding trading day.
- [F4]These shares are owned by a parent of the reporting person and subject to a power of attorney that allows the reporting person to dispose of such shares.
- [F5]The option is exercisable to the extent of one third of the shares optioned after one year from the date of grant, two-thirds in two years and in full after three years.
- [F6]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 total shareholder return over a three year performance period and payable in stock or cash at the election of Visteon, subject to tax withholding.
- [F7]Restricted Stock Units vest to the extent of 33% of the units granted each year following the first annivesary of the date of grant until the third anniverary of the date of grant. Each Restricted Stock Unit will be converted and distributed to me, without payment, in cash or stock at the election of Visteon, upon vesting and based upon the then current market value of a share of Visteon common stock, subject to tax withholding.
Documents
Issuer
VISTEON CORP
CIK 0001111335
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001111335
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 5:19 PM ET
- Size
- 23.3 KB