STEPHENS MEL 4
4 · LEAR CORP · Filed Nov 21, 2017
Insider Transaction Report
Form 4
LEAR CORPLEA
STEPHENS MEL
Sr VP Comm, Corp Relation & HR
Transactions
- Exercise/Conversion
Common Stock
2017-11-19+1,480→ 41,480 total - Tax Payment
Common Stock
2017-11-19$174.88/sh−684$119,618→ 40,796 total - Exercise/Conversion
Restricted Stock Unit
2017-11-19−1,480→ 0 total→ Common Stock (1,480 underlying) - Award
Restricted Stock Unit
2017-11-20+848→ 848 total→ Common Stock (848 underlying)
Footnotes (4)
- [F1]Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. These 2014 "Career Share" restricted stock units vested and settled in common stock on November 19, 2017.
- [F2]Shares withheld by the Company to satisfy minimum tax withholding requirements.
- [F3]Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
- [F4]These "Career Share" RSUs vest on the third anniversary of the grant date but are not converted into shares of common stock until or after age 62 or a qualifying retirement and remain subject to forfeiture for a voluntary termination prior to meeting retirement eligibility requirements.