SEC Form 4 · accession 0001209191-18-011827
Aptiv PLC · APTV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph R Massaro
Officer — SVP and CFO
Period of report
Feb 16, 2018
Accepted (ET)
Feb 21, 2018 · 1:27 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,F2 | Feb 16, 2018 | X | 469 | $0.00 | A | 64,200 | D | |
| Ordinary SharesF3 | Feb 16, 2018 | A | 3,363 | $0.00 | A | 67,563 | D | |
| Ordinary SharesF4 | Feb 16, 2018 | F | 4,301 | $92.40 | D | 63,262 | 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 RightF5,F6,F1 | — | Feb 16, 2018 | X | 469 | D | — | — | Ordinary Shares | 469 | 819 | 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.
- F2Reflects an antidilution adjustment (the "Spin-Off Adjustment") to the number of ordinary shares reported held by the Reporting Person, which Spin-Off Adjustment was made prior to this vesting date in connection with the spin-off of Delphi Technologies PLC from the Issuer on December 4, 2017.
- F3Additional ordinary shares acquired in connection with achievement in excess of target of specified performance criteria for the 2015-2017 performance period.
- F4Shares withheld to pay tax liabilities incident to the vesting of restricted stock units and settlement of dividend equivalent rights.
- F5Reflects here and in Table 1 above the Spin-Off Adjustment to the Reporting Person's dividend equivalent rights.
- F6Reflects the Spin-Off Adjustment to the Reporting Person's remaining dividend equivalent rights.