SEC Form 4 · accession 0001209191-19-015394
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 28, 2019
Accepted (ET)
Mar 4, 2019 · 2:38 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 28, 2019 | X | 971 | $0.00 | A | 92,705 | D | |
| Ordinary SharesF2 | Feb 28, 2019 | A | 4,578 | $0.00 | A | 97,283 | D | |
| Ordinary SharesF3 | Feb 28, 2019 | F | 12,927 | $83.11 | D | 84,356 | D | |
| Ordinary SharesF4 | Feb 28, 2019 | A | 9,195 | $0.00 | A | 93,551 | D | |
| Ordinary SharesF5 | Feb 28, 2019 | A | 27,584 | $0.00 | A | 121,135 | 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 28, 2019 | X | 971 | D | — | — | Ordinary Shares | 971 | 824 | 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 2016-2018 performance period.
- F3Shares withheld to pay tax liabilities incident to the vesting of restricted stock units and settlement of dividend equivalent rights.
- F4The shares will vest in three equal installments beginning on the first anniversary of the date of grant.
- F5Each performance share represents a contingent right to receive an ordinary share of Aptiv PLC, and will vest based upon the achievement of specified performance criteria, with a performance period from January 1, 2019 to December 31, 2021.