SEC Form 4 · accession 0001209191-17-013147
Aptiv PLC · APTV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Liam Butterworth
Officer — SVP & President, Powertrain
Period of report
Feb 17, 2017
Accepted (ET)
Feb 22, 2017 · 3:59 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 17, 2017 | X | 628 | $0.00 | A | 92,806 | D | |
| Ordinary SharesF2 | Feb 17, 2017 | A | 8,152 | $0.00 | A | 100,958 | D | |
| Ordinary SharesF3 | Feb 17, 2017 | F | 10,948 | $75.46 | D | 90,010 | D | |
| Ordinary SharesF5 | Feb 22, 2017 | S | 12,533 | $75.8943 | D | 77,477 | D | |
| Ordinary SharesF6 | Feb 22, 2017 | S | 1,467 | $76.4309 | D | 76,010 | 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 17, 2017 | X | 628 | D | — | — | Ordinary Shares | 628 | 2,206 | 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 2014-2016 performance period.
- F3Shares withheld to pay tax liabilities incident to the vesting of restricted stock units and settlement of dividend equivalent rights.
- F4The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 9, 2016.
- F5The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $75.41 to $76.40, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer 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 to this Form 4.
- F6The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $76.41 to $76.49, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer 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 to this Form 4.