Mei Wei Cheng - Feb 20, 2024 Form 4 Insider Report for LEAR CORP (LEA)

Role
Director
Signature
/s/ Karen Crittenden, as Attorney-in-Fact
Stock symbol
LEA
Transactions as of
Feb 20, 2024
Transactions value $
$0
Form type
4
Date filed
2/22/2024, 09:52 AM
Previous filing
May 22, 2023
Next filing
May 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEA Common Stock Options Exercise $0 +236 +23.32% $0.00 1.25K Feb 20, 2024 Direct F1
transaction LEA Common Stock Options Exercise $0 +175 +14.02% $0.00 1.42K Feb 20, 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 Deferred Stock Units Options Exercise $0 -236 -33.33% $0.00 472 Feb 20, 2024 Common Stock 236 Direct F3, F4
transaction LEA Deferred Stock Units Options Exercise $0 -175 -25% $0.00 525 Feb 20, 2024 Common Stock 175 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Conversion of third annual installment of deferred stock units accrued under the Lear Corporation Outside Directors Compensation Plan into shares of Lear Corporation common stock pursuant to the Reporting Person's deferral election in 2019.
F2 Conversion of second annual installment of deferred stock units accrued under the Lear Corporation Outside Directors Compensation Plan into shares of Lear Corporation common stock pursuant to the Reporting Person's deferral election in 2021.
F3 Each deferred stock unit is equal in value to one share of Lear Corporation common stock.
F4 The deferred stock units were accrued under the Lear Corporation Outside Directors Compensation Plan pursuant to a deferral election and are generally to be paid out in shares of Lear Corporation common stock pursuant to the Reporting Person's deferral election.