SEC Form 4 · accession 0001127602-16-066553
Adient plc · ADNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R Bruce McDonald
Officer — Chairman and CEO · Director
Period of report
Nov 7, 2016
Accepted (ET)
Nov 9, 2016 · 1:26 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001670541
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Compensation - Phantom Stock UnitsF1,F2 | — | Nov 7, 2016 | A | 95,291 | A | — | — | Ordinary Shares | 95,291 | 313,403 | D |
Explanation of responses
- F1Each unit of phantom stock has the equivalent economic value of one share of Adient common stock.
- F2Phantom stock units covered under the Adient Deferred Compensation Plan. The units will settle 100% in cash upon the reporting person's retirement or termination, subject to certain vesting requirements.