Harry Albert Kemp - 04 Jan 2024 Form 4 Insider Report for LEAR CORP (LEA)

Role
SVP, CAO & General Counsel
Signature
/s/ Karen Crittenden, as Attorney-in-Fact
Issuer symbol
LEA
Transactions as of
04 Jan 2024
Transactions value $
$-109,601
Form type
4
Filing time
05 Jan 2024, 13:49:40 UTC
Previous filing
04 Jan 2024
Next filing
09 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEA Common Stock Options Exercise $0 +978 +12.6% $0.000000 8,748 04 Jan 2024 Direct F1
transaction LEA Common Stock Tax liability $-64,258 -479 -5.48% $134.15 8,269 04 Jan 2024 Direct F2
transaction LEA Common Stock Options Exercise $0 +745 +9.01% $0.000000 9,014 04 Jan 2024 Direct F1
transaction LEA Common Stock Tax liability $-45,343 -338 -3.75% $134.15 8,676 04 Jan 2024 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 -978 -100% $0.000000* 0 04 Jan 2024 Common Stock 978 Direct F3
transaction LEA Restricted Stock Units Options Exercise $0 -745 -50% $0.000000 745 04 Jan 2024 Common Stock 745 Direct F4
* 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, 2024.
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 4, 2021. One-third of the restricted stock units vested on January 4, 2022; one-third of the restricted stock units vested on January 4, 2023 and the remaining one-third of the restricted stock units vested on January 4, 2024.
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 vest on January 4, 2025.