SEC Form 4 · accession 0001127602-17-034264
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 18, 2017
Accepted (ET)
Dec 8, 2017 · 5:19 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 UnitsF3,F4,F1 | — | Nov 18, 2017 | A | 12,797 | A | — | — | Ordinary Shares | 12,797 | 379,168 | D |
Explanation of responses
- F1Each unit of phantom stock is the equivalent economic value of one Adient ordinary share.
- F2Phantom stock units acquired in connection with the vesting of stock awards.
- F3Phantom 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.
- F4Includes dividend equivalents.