SEC Form 4 · accession 0001127602-17-029238
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
Oct 2, 2017
Accepted (ET)
Oct 4, 2017 · 5:04 pm EDT
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 UnitsF2,F3,F1 | — | Oct 2, 2017 | A | 48,958 | A | — | — | Ordinary Shares | 48,958 | 365,351 | D |
Explanation of responses
- F1Each unit of phantom stock is the equivalent economic value of one Adient ordinary share.
- 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, or pursuant to such person's deferral election, subject to certain vesting requirements.
- F3Includes dividend equivalents.