SEC Form 4 · accession 0001209191-17-047741
VISTEON CORP · VC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sunil K Bilolikar
Officer — Senior Vice President
Period of report
Aug 2, 2017
Accepted (ET)
Aug 4, 2017 · 5:04 pm 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 | Aug 2, 2017 | S | 254 | $110.932 | D | 300 | D | |
| Common Stock | Aug 2, 2017 | S | 300 | $110.935 | D | 0 | D | |
| Common Stock | Aug 2, 2017 | M | 734 | $59.59 | A | 734 | D | |
| Common StockF1 | Aug 2, 2017 | S | 734 | $110.902 | D | 0 | D | |
| Common Stock | Aug 2, 2017 | M | 1,106 | $72.98 | A | 1,106 | D | |
| Common Stock | Aug 2, 2017 | S | 1,106 | $110.945 | 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)F2 | $59.59 | Aug 2, 2017 | M | 734 | D | — | Mar 4, 2022 | Common Stock | 734 | 735 | D |
| Employee stock option (right to buy)F2 | $72.98 | Aug 2, 2017 | M | 1,106 | D | — | Mar 3, 2023 | Common Stock | 1,106 | 2,213 | 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 $110.89 - $110.91, 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 range set forth in this footnote.
- F2The 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.