SEC Form 4 · accession 0001209191-16-096734
LEAR CORP · LEA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew Simoncini
Officer — President & CEO · Director
Period of report
Feb 7, 2016
Accepted (ET)
Feb 9, 2016 · 4:25 pm EST
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 StockF1 | Feb 7, 2016 | M | 31,317 | $0.00 | A | 91,047 | D | |
| Common Stock | Feb 7, 2016 | F | 12,988 | $98.59 | D | 78,059 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Feb 7, 2016 | M | 31,317 | D | — | — | Common Stock | 31,317 | 0 | D |
Explanation of responses
- F1Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. The restricted stock units vested and settled in common stock on February 7, 2016.
- F2Shares withheld by the Company to satisfy minimum tax withholding requirements.