SEC Form 4 · accession 0001209191-15-043374
LEAR CORP · LEA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Conrad L Mallett Jr.
Director
Period of report
May 14, 2015
Accepted (ET)
May 15, 2015 · 4:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000842162
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 14, 2015 | A | 355 | $0.00 | A | 4,591 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF2,F3 | — | May 14, 2015 | A | 868 | A | — | — | Common Stock | 868 | 4,923 | D |
Explanation of responses
- F1Grant of unrestricted common stock under the Lear Corporation 2009 Long-Term Stock Incentive Plan and exempt under Rule 16b-3 of the Securities Exchange Act of 1934.
- F2Each stock unit is equal in value to one share of Lear Corporation common stock
- F3The deferred stock units were accrued under the Lear Corporation Outside Directors Compensation Plan pursuant to a deferral election (with respect to the director's unrestricted stock grant) and are generally to be paid out in shares of Lear Corporation common stock following the earlier of either Mr. Mallett's retirement as a director of Lear Corporation or a change in control of Lear Corporation.