SEC Form 4 · accession 0001209191-18-016510

VISTEON CORP · VC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CEO & President · Director

Period of report

Mar 1, 2018

Accepted (ET)

Mar 5, 2018 · 4:45 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	Mar 1, 2018	M	1,539	$62.76	A	25,490	D
Common Stock	Mar 1, 2018	S	1,539	$123.62	D	23,951	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (right to buy)^F1	$124.34	Mar 1, 2018	A	47,036	A	—	Feb 28, 2025	Common Stock	47,036	47,036	D
Performance Rights^F2	—	Mar 1, 2018	A	22,879	A	—	Jan 31, 2021	Common Stock	22,879	22,879	D
Restricted Stock Units^F3	—	Mar 1, 2018	A	12,097	A	—	Mar 1, 2021	Common Stock	12,097	12,097	D
Employee Stock Option (right to buy)^F1	$62.76	Mar 1, 2018	M	1,539	D	—	Jun 28, 2022	Common Stock	1,539	5,770	D

F1The 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.
F2Each performance right represents a contingent right to receive one share of Visteon common stock. The vesting of the performance rights is based on relative total shareholder return over a three year performance period and payable in stock or cash at the election of Visteon, subject to tax withholding.
F3Restricted Stock Units vest to the extent of 33% of the units granted each year following the first annivesary of the date of grant until the third anniverary of the date of grant. Each Restricted Stock Unit will be converted and distributed to me, without payment, in cash or stock at the election of Visteon, upon vesting and based upon the then current market value of a share of Visteon common stock, subject to tax withholding.