SEC Form 4 · accession 0001127602-17-033461
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 27, 2017
Accepted (ET)
Nov 29, 2017 · 5:28 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 27, 2017 | M | 15,603 | $29.95 | A | 15,817 | D | |
| Ordinary Shares | Nov 27, 2017 | M | 15,087 | $25.87 | A | 30,904 | D | |
| Ordinary SharesF2 | Nov 27, 2017 | S | 30,690 | $77.8506 | D | 214 | D | |
| Ordinary Shares | Nov 28, 2017 | M | 1,492 | $25.87 | A | 1,706 | D | |
| Ordinary Shares | Nov 28, 2017 | M | 14,628 | $31.77 | A | 16,334 | D | |
| Ordinary Shares | Nov 28, 2017 | M | 13,653 | $29.69 | A | 29,987 | D | |
| Ordinary Shares | Nov 28, 2017 | M | 7,294 | $28.97 | A | 37,281 | D | |
| Ordinary SharesF3 | Nov 28, 2017 | S | 15,708 | $78.1719 | D | 21,573 | D | |
| Ordinary SharesF4 | Nov 28, 2017 | S | 20,659 | $79.6073 | D | 914 | D | |
| Ordinary SharesF5 | Nov 28, 2017 | S | 700 | $80.2559 | D | 214 | D | |
| Ordinary SharesF6 | holding | — | — | — | 17,427 | 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)F7 | $29.95 | Nov 27, 2017 | M | 15,603 | D | Oct 1, 2010 | Oct 1, 2018 | Ordinary Shares | 15,603 | 0 | D |
| Employee Stock Option (right to buy)F7 | $25.87 | Nov 27, 2017 | M | 15,087 | D | Oct 1, 2011 | Oct 1, 2019 | Ordinary Shares | 15,087 | 1,492 | D |
| Employee Stock Option (right to buy)F7 | $25.87 | Nov 28, 2017 | M | 1,492 | D | Oct 1, 2011 | Oct 1, 2019 | Ordinary Shares | 1,492 | 0 | D |
| Employee Stock Option (right to buy)F7 | $31.77 | Nov 28, 2017 | M | 14,628 | D | Oct 1, 2012 | Oct 1, 2020 | Ordinary Shares | 14,628 | 0 | D |
| Employee Stock Option (right to buy)F7 | $29.69 | Nov 28, 2017 | M | 13,653 | D | Oct 7, 2013 | Oct 7, 2021 | Ordinary Shares | 13,653 | 0 | D |
| Employee Stock Option (right to buy)F7 | $28.97 | Nov 28, 2017 | M | 7,294 | D | Oct 5, 2014 | Oct 5, 2022 | Ordinary Shares | 7,294 | 0 | D |
Explanation of responses
- F1Includes dividend equivalents.
- F2This transaction was executed in multiple trades at prices ranging from $77.75 to $78.26. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
- F3This transaction was executed in multiple trades at prices ranging from $77.95 to $78.91. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
- F4This transaction was executed in multiple trades at prices ranging from $79.11 to $80.06. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
- F5This transaction was executed in multiple trades at prices ranging from $80.21 to $80.34. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
- F6Shares represented by Company stock fund units under the Company Savings Plan based on information furnished by the Plan Administrator as of 10/31/2017.
- F750% of the options vested on the second and the remaining 50% vested on the third anniversary of the award.