SEC Form 4 · accession 0001209191-16-098668
Aptiv PLC · APTV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James A Spencer
Officer — EVP, Operations
Period of report
Feb 12, 2016
Accepted (ET)
Feb 16, 2016 · 4:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001521332
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1 | Feb 12, 2016 | X | 4,336 | $0.00 | A | 191,393 | D | |
| Ordinary SharesF2 | Feb 12, 2016 | A | 30,747 | $0.00 | A | 222,140 | D | |
| Ordinary SharesF3 | Feb 12, 2016 | F | 64,047 | $61.24 | D | 158,093 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent RightF1 | — | Feb 12, 2016 | X | 4,336 | D | — | — | Ordinary Shares | 4,336 | 481 | D |
Explanation of responses
- F1Settlement of dividend equivalent rights in connection with the vesting of restricted stock units. The rights accrued when and as dividends were paid on the Issuer's ordinary shares and vested proportionately with the restricted stock unit to which they related. Each dividend equivalent right is the economic equivalent of one ordinary share.
- F2Additional ordinary shares acquired in connection with achievement in excess of target of specified performance criteria for the 2013 through 2015 performance period.
- F3Shares withheld to pay tax liabilities incident to the vesting of restricted stock units and settlement of dividend equivalent rights.