G. DELGROSSO - 18 Nov 2021 Form 4 Insider Report for Adient plc (ADNT)

Role
President and CEO, Director
Signature
/s/ Heather M. Tiltmann, attorney-in-fact for Douglas G. DelGrosso
Issuer symbol
ADNT
Transactions as of
18 Nov 2021
Transactions value $
-$1,959,472
Form type
4
Filing time
22 Nov 2021, 16:43:52 UTC
Previous filing
19 Oct 2021
Next filing
23 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADNT Ordinary Shares Award $0 +81.2K +21.73% $0.00 455K 18 Nov 2021 Direct F1
transaction ADNT Ordinary Shares Award $0 +59.7K +13.12% $0.00 515K 18 Nov 2021 Direct F2
transaction ADNT Ordinary Shares Tax liability -$1.96M -41.9K -8.14% $46.79 473K 18 Nov 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects grant of restricted stock units, that, subject to certain acceleration and forfeiture provisions, vest in three equal installments on each of the first, second and third anniversaries of the grant date. Restricted stock units convert into ordinary shares upon vesting, or, to the extent deferred, upon settlement.
F2 Represents performance share units earned for the three-year performance period ended September 30, 2021. The Compensation Committee approved the performance results on November 18, 2021.
F3 Withholding of shares to cover taxes due in connection with the vesting of restricted stock units and performance share units.