SEC Form 4 · accession 0001127602-16-068085
Adient plc · ADNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Byron S Foster
Officer — Executive Vice President
Period of report
Nov 19, 2016
Accepted (ET)
Nov 22, 2016 · 3:53 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001670541
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1 | Nov 19, 2016 | F | 154 | $53.05 | D | 66,532 | D | |
| Ordinary Shares | holding | — | — | — | 1,529 | I | 401(k) Savings Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3,F2 | $41.82 | holding | — | — | — | Oct 1, 2009 | Oct 1, 2017 | Ordinary Shares | 1,316 | 1,316 | D |
| Employee Stock Option (right to buy)F3,F2 | $31.77 | holding | — | — | — | Oct 1, 2012 | Oct 1, 2020 | Ordinary Shares | 599 | 599 | D |
| Employee Stock Option (right to buy)F3,F2 | $29.69 | holding | — | — | — | Oct 7, 2013 | Oct 7, 2021 | Ordinary Shares | 670 | 670 | D |
| Employee Stock Option (right to buy)F3,F2 | $28.97 | holding | — | — | — | Oct 5, 2014 | Oct 5, 2022 | Ordinary Shares | 1,048 | 1,048 | D |
| Employee Stock Option (right to buy)F3,F2 | $50.31 | holding | — | — | — | Nov 19, 2015 | Nov 19, 2023 | Ordinary Shares | 995 | 995 | D |
| Employee Stock Option (right to buy)F3,F2 | $52.24 | holding | — | — | — | Nov 18, 2016 | Nov 18, 2024 | Ordinary Shares | 1,255 | 1,255 | D |
| Employee Stock Option (right to buy)F3,F2 | $45.62 | holding | — | — | — | Oct 7, 2017 | Oct 7, 2025 | Ordinary Shares | 1,854 | 1,854 | D |
Explanation of responses
- F1Withholding of shares to cover taxes due on restricted shares that vested on 11/19/16.
- F250% of the options vest on the second and the remaining 50% vest on the third anniversary of the award.
- F3Options acquired in connection with the completion of the spin-off pursuant to which Johnson Controls' options were converted into a proportionate number of options of Adient plc.