RAYMOND E. SCOTT - 02 Jan 2022 Form 4 Insider Report for LEAR CORP (LEA)

Signature
/s/ Karen Crittenden, as Attorney-in-Fact
Issuer symbol
LEA
Transactions as of
02 Jan 2022
Transactions value $
-$1,319,984
Form type
4
Filing time
04 Jan 2022, 20:00:28 UTC
Previous filing
18 Nov 2021
Next filing
06 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEA Common Stock Options Exercise $0 +16.5K +47.84% $0.00 50.9K 02 Jan 2022 Direct F1
transaction LEA Common Stock Tax liability -$1.32M -7.22K -14.19% $182.95 43.6K 02 Jan 2022 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 Options Exercise $0 -16.5K -100% $0.00* 0 02 Jan 2022 Common Stock 16.5K Direct F3
* 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 2, 2022.
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, 2019 and vested in full on the third anniversary of the grant date.