SEC Form 4 · accession 0001209191-17-063968
VISTEON CORP · VC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sachin Lawande
Officer — CEO & President · Director
Period of report
Dec 1, 2017
Accepted (ET)
Dec 5, 2017 · 4:53 pm EST
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 | Dec 1, 2017 | M | 2,500 | $72.98 | A | 8,595 | D | |
| Common Stock | Dec 1, 2017 | S | 2,500 | $130.94 | D | 6,095 | D | |
| Common Stock | Dec 1, 2017 | M | 2,500 | $62.76 | A | 8,595 | D | |
| Common Stock | Dec 1, 2017 | S | 2,500 | $130.94 | D | 6,095 | 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 | $72.98 | Dec 1, 2017 | M | 2,500 | D | — | Mar 3, 2023 | Common Stock | 2,500 | 44,761 | D |
| Employee stock option (right to buy)F2 | $62.76 | Dec 1, 2017 | M | 2,500 | D | — | Jun 28, 2022 | Common Stock | 2,500 | 12,309 | D |
Explanation of responses
- F1The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 15, 2017.
- 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.