SEC Form 4 · accession 0001209191-18-026406
Aptiv PLC · APTV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark P Frissora
Director
Period of report
Apr 25, 2018
Accepted (ET)
Apr 27, 2018 · 12:54 pm EDT
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 | Apr 25, 2018 | X | 31 | $0.00 | A | 2,541 | D | |
| Ordinary SharesF3 | Apr 25, 2018 | F | 284 | $85.21 | D | 2,257 | D | |
| Ordinary SharesF4 | Apr 26, 2018 | A | 1,957 | $0.00 | A | 4,214 | D | |
| Ordinary Shares | holding | — | — | — | 9,471 | I | By Mark P Frissora Revocable Trust |
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,F1 | — | Apr 25, 2018 | X | 31 | D | — | — | Ordinary Shares | 31 | 0 | 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 vest upon the vesting of the restricted stock unit to which they relate. 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.
- F3Shares withheld to pay current tax liabilities incident to the vesting of restricted stock units and settlement of dividend equivalent rights.
- F4The Reporting Person has received restricted stock units that each represent a right to receive one ordinary share of the Issuer pursuant to the Issuer's Long Term Incentive Plan, as amended and restated, and will vest in full one day before the Issuer's Annual Meeting of Shareholders in 2019.
- F5Reflects here and in Table 1 above the Spin-Off Adjustment to the Reporting Person's dividend equivalent rights.