SEC Form 4 · accession 0001209191-16-151114
LEAR CORP · LEA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Terrence B Larkin
Officer — EVP, Business Dev & Gen Cnsl
Period of report
Nov 16, 2016
Accepted (ET)
Nov 18, 2016 · 1:35 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000842162
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Nov 16, 2016 | A | 2,179 | A | — | — | Common Stock | 2,179 | 2,179 | D |
Explanation of responses
- F1Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
- F2These "Career Share" RSUs vest on the third anniversary of the grant date but are not converted into shares of common stock until or after age 62 or a qualifying retirement and remain subject to forfeiture for a voluntary termination prior to meeting retirement eligibility requirements.