| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LEA | Common Stock | Award | $0 | +37.8K | +1269.25% | $0.00 | 40.7K | Feb 7, 2024 | Direct | F1 |
| transaction | LEA | Common Stock | Tax liability | -$2.18M | -16.5K | -40.42% | $132.35 | 24.3K | Feb 7, 2024 | Direct | F2 |
| transaction | LEA | Common Stock | Sale | -$1.42M | -10.7K | -43.87% | $132.86 | 13.6K | Feb 9, 2024 | Direct | F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | Settlement of non-derivative performance shares for the three-year performance period ending December 31, 2023, granted under the 2019 Lear Corporation Long-Term Stock Incentive Plan and exempt from liability under Section 16(b) of the Securities Exchange Act pursuant to Rule 16b-3(d). |
| F2 | Shares withheld by the Company to satisfy tax withholding requirements. |
| F3 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 14, 2023. |