Robert R. Vallance - 14 Feb 2025 Form 4 Insider Report for VISTEON CORP (VC)

Signature
Heidi A. Sepanik, Corporate Secretary, Visteon Corporation on behalf of Robert R. Vallance
Issuer symbol
VC
Transactions as of
14 Feb 2025
Transactions value $
-$99,686
Form type
4
Filing time
18 Feb 2025, 16:08:45 UTC
Previous filing
19 Mar 2024
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VC Common Stock Options Exercise +2.55K +10.55% 26.7K 14 Feb 2025 Direct F1
transaction VC Common Stock Tax liability -$99.7K -1.2K -4.48% $83.21 25.5K 14 Feb 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 VC Performance Rights Options Exercise -2.55K -100% 0 14 Feb 2025 Common Stock 2.55K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance right, which is the economic equivalent of one share of Visteon common stock, was converted and paid to me in common stock without any election or action on my part pursuant to the performance share unit award made to me in 2022.
F2 The shares were withheld by Visteon to satisfy income tax withholding obligations arising in connection with the vesting of certain Performance Rights.
F3 Each performance right represents a contingent right to receive one share of Visteon common stock. The vesting of the performance right is based on relative shareholder return over a three year performance period ending December 31, 2024, and payable in stock, subject to tax withholding.