Nicholas Jon Roelli - Jan 2, 2025 Form 4 Insider Report for LEAR CORP (LEA)

Signature
Karen M. Crittenden
Stock symbol
LEA
Transactions as of
Jan 2, 2025
Transactions value $
-$49,923
Form type
4
Date filed
1/6/2025, 05:43 PM
Previous filing
Nov 21, 2024
Next filing
Feb 18, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEA Common Stock Options Exercise $0 +243 +89.01% $0.00 516 Jan 4, 2025 Direct F1
transaction LEA Common Stock Tax liability -$11.1K -119 -23.06% $93.14 397 Jan 4, 2025 Direct F2
transaction LEA Common Stock Options Exercise $0 +428 +107.81% $0.00 825 Jan 4, 2025 Direct F1
transaction LEA Common Stock Tax liability -$19.6K -210 -25.45% $93.14 615 Jan 4, 2025 Direct F2
transaction LEA Common Stock Options Exercise $0 +423 +68.78% $0.00 1.04K Jan 4, 2025 Direct F1
transaction LEA Common Stock Tax liability -$19.3K -207 -19.94% $93.14 831 Jan 4, 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LEA Restricted Stock Units Award $0 +4.73K $0.00 4.73K Jan 2, 2025 Common Stock 4.73K Direct F3
transaction LEA Restricted Stock Units Options Exercise $0 -243 -100% $0.00 0 Jan 4, 2025 Common Stock 243 Direct F4
transaction LEA Restricted Stock Units Options Exercise $0 -428 -50.06% $0.00 427 Jan 4, 2025 Common Stock 428 Direct F5
transaction LEA Restricted Stock Units Options Exercise $0 -423 -33.33% $0.00 846 Jan 4, 2025 Common Stock 423 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units vested and settled in common stock on January 4, 2025.
F2 Shares withheld by the Company to satisfy tax withholding requirements.
F3 Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. The restricted stock units were granted on January 2, 2025 and vest in full on January 4, 2028.
F4 Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. The restricted stock units were granted on January 4, 2022. One-third of the restricted stock units vested on January 4, 2023; one-third of the restricted stock units vested on January 4, 2024 and the remaining one-third of the restricted stock units vested on January 4, 2025.
F5 Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. The restricted stock units were granted on January 3, 2023. One-third of the restricted stock units vested on January 4, 2024; one-third of the restricted stock units vested on January 4, 2025 and the remaining one-third of the restricted stock units vest on January 4, 2026.
F6 Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. The restricted stock units were granted on January 2, 2024. One-third of the restricted stock units vested on January 4, 2025; one-third of the restricted stock units vest on January 4, 2026 and the remaining one-third of the restricted stock units vest on January 4, 2027.