SEC Form 4 · accession 0001209191-17-053917
LEAR CORP · LEA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mel Stephens
Officer — SVP Comm, Facilities & Inv Rel
Period of report
Sep 22, 2017
Accepted (ET)
Sep 26, 2017 · 1:26 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 StockF1 | Sep 22, 2017 | M | 4,484 | $0.00 | A | 44,484 | D | |
| Common Stock | Sep 22, 2017 | F | 2,073 | $170.34 | D | 42,411 | D | |
| Common Stock | Sep 25, 2017 | S | 2,411 | $172.875 | D | 40,000 | 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 UnitF1 | — | Sep 22, 2017 | M | 4,484 | D | — | — | Common Stock | 4,484 | 0 | D |
Explanation of responses
- F1Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. These 2012 and 2013 "Career Share" restricted stock units vested and settled in common stock on September 22, 2017.
- F2Shares withheld by the Company to satisfy minimum tax withholding requirements.