VISTEON CORP 4
4 · VISTEON CORP · Filed Jun 13, 2017
Insider Transaction Report
Form 4
Fitzgerald Steven S
Vice President
Transactions
- Exercise/Conversion
Common Stock
2017-06-09+168→ 168 total - Exercise/Conversion
Restricted Stock Units
2017-06-09−168→ 337 totalExp: 2019-06-09→ Common Stock (168 underlying) - Tax Payment
Common Stock
2017-06-09$100.83/sh−54$5,445→ 114 total
Footnotes (3)
- [F1]Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on June 9, 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 June 9, 2017.
- [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 June 9, 2017.
- [F3]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.