Butterworth Liam 4
4 · Delphi Technologies PLC · Filed Feb 21, 2018
Insider Transaction Report
Form 4
Butterworth Liam
See Remarks
Transactions
- Exercise of In-Money
Dividend Equivalent Rights
2018-02-16−47.559→ 254.337 total→ Ordinary Shares (47.559 underlying) - Tax Payment
Ordinary Shares
2018-02-16−4,806→ 63,102 total - Exercise of In-Money
Ordinary Shares
2018-02-16+47→ 63,149 total - Award
Ordinary Shares
2018-02-16+27,168→ 90,318 total
Footnotes (5)
- [F1]Represents ordinary shares being withheld to pay tax liability incident to the vesting of time-based restricted stock units and settlement of dividend equivalent rights previously granted pursuant to an approved employee incentive plan.
- [F2]Includes Ordinary Shares plus an additional 57,330 of restricted stock units previously granted pursuant to an approved employee incentive plan, which vest at various points with the passage of time and which earn dividend equivalents until fully vested.
- [F3]Represents the acquisition of ordinary shares upon the disposition of dividend equivalent rights reported in Table 2.
- [F4]Ordinary shares received upon settlement of performance based awards granted pursuant to an approved employee incentive plan the value and issuance of which was conditioned on the company achieving certain operating and financial performance targets over the 2015 through 2017 fiscal year period.
- [F5]Reflects 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.