Carl A. Esposito - 13 Nov 2023 Form 4 Insider Report for LEAR CORP (LEA)

Role
SVP & President, E-Systems
Signature
/s/ Karen Crittenden, as Attorney-in-Fact
Issuer symbol
LEA
Transactions as of
13 Nov 2023
Transactions value $
$0
Form type
4
Filing time
15 Nov 2023, 13:24:30
Previous filing
13 Oct 2023
Next filing
04 Jan 2024
SEC
View on sec.gov

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 +1.95K $0.00 1.95K 13 Nov 2023 Common Stock 1.95K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
F2 These "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.