CHENG MEI WEI 4
4 · LEAR CORP · Filed May 22, 2023
Insider Transaction Report
Form 4
LEAR CORPLEA
CHENG MEI WEI
Director
Transactions
- Award
Restricted Stock Units
2023-05-18+1,419→ 1,419 total→ Common Stock (1,419 underlying)
Footnotes (2)
- [F1]Converts into common stock on a 1-for-1 basis.
- [F2]The restricted stock units were granted on May 18, 2023 under the Lear Corporation 2019 Long-Term Stock Incentive Plan. The restricted stock units vest on the earlier of (i) the first anniversary of the grant date or (ii) the date of the next annual meeting of stockholders following the grant date. Settlement of the restricted stock units has been deferred, pursuant to an election under the Lear Corporation Outside Directors Compensation Plan, until the earlier of Mr. Cheng's retirement as a director of Lear Corporation, a change in control of Lear Corporation or February 20, 2025.