SEC Form 4 · accession 0001209191-16-147713
Adient plc · ADNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cafico Trust Co Ltd
10% Owner
Period of report
Oct 31, 2016
Accepted (ET)
Nov 1, 2016 · 6:16 pm EDT
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 Shares, par value $0.001 per share | Oct 31, 2016 | J | 1 | $0.00 | D | 0 | D | |
| Euro Deferred Shares, par value 1.00 Euro per share | Oct 31, 2016 | J | 25,000 | $0.00 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Effective as of October 31, 2016 (the "Distribution Date"), Johnson Controls International plc ("Johnson Controls") completed the separation of the automotive seating and interiors business (the "Adient Business") of Johnson Controls from the rest of Johnson Controls by means of a declaration of a dividend in specie of the Adient Business, effected by thetransfer of the Adient Business from JCI to Adient plc ("Adient") and the issuance by Adient of ordinary shares in its share capital. In connection with the separation of the Adient Business, Adient acquired (i) the 1 ordinary share, par value $0.001 per share, and (ii) the 25,000 euro deferred shares, par value Euro 1.00 per share, of Adient held beneficially by Cafico Trust Company Limited for no consideration in accordance with the Irish Companies Act 2014 and cancelled such shares.