SEC Form 4 · accession 0001209191-15-054877
VISTEON CORP · VC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter M Ziparo
Officer — V.P. & General Counsel
Period of report
Jun 18, 2015
Accepted (ET)
Jun 19, 2015 · 8:59 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001111335
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 18, 2015 | M | 759 | $53.57 | A | 2,459 | D | |
| Common Stock | Jun 18, 2015 | S | 759 | $108.68 | D | 1,700 | D | |
| Common Stock | Jun 18, 2015 | M | 3,014 | $84.67 | A | 4,714 | D | |
| Common StockF1 | Jun 18, 2015 | S | 3,014 | $108.629 | D | 1,700 | D | |
| Common StockF2 | Jun 18, 2015 | S | 1,700 | $108.653 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee stock option (right to buy)F3 | $53.57 | Jun 18, 2015 | M | 759 | D | — | Feb 27, 2022 | Common Stock | 759 | 0 | D |
| Employee stock option (right to buy)F3 | $84.67 | Jun 18, 2015 | M | 3,014 | D | — | Mar 26, 2021 | Common Stock | 3,014 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.56 to $108.64, inclusive. The reporting person undertakes to provide to Visteon Corporation, its shareholders or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.65 to $108.66, inclusive.
- F3The 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, or upon a change in control, if earlier.