SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Sistek James F

(Last) (First) (Middle)
VISTEON CORPORATION
ONE VILLAGE CENTER DRIVE

(Street)
VAN BUREN TOWNSHIP MI 48111

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
02/26/2010
3. Issuer Name and Ticker or Trading Symbol
VISTEON CORP [ VSTNQ ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Vice President
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 44,115(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (2) (2) Common Stock 3,230 (2) D
Employee Stock Option (right to buy) (3) 02/25/2014 Common Stock 6,977 $8.98 D
Stock Appreciation Right (4) 02/05/2011 Common Stock 12,681 $4.76 D
Stock Appreciation Right (5) 02/25/2014 Common Stock 6,977 $8.98 D
Stock Appreciation Right (6) 02/21/2015 Common Stock 40,997 $3.63 D
Explanation of Responses:
1. These shares are restricted from sale, with restrictions lapsing on December 31, 2010
2. These Restricted Stock Units vested as of December 31, 2009 and will be paid only to the extent, and in the manner and at the time provided by, a confirmed plan of reorganization of Visteon or other order of the bankruptcy court. At such time, each Restricted Stock Unit will be converted and distributed to me, without payment, in cash, subject to tax withholding.
3. The stock option is exercisable to the extent of 33% of the shares optioned on January 1, 2008, 66% on January 1, 2009 and in full on January 1, 2010.
4. The stock appreciation right is exercisable to the extent of 33% of the rights granted after one year from the date of grant, 66% in two years and in full after three years.
5. The stock appreciation right is exercisable to the extent of 33% of the rights granted on January 1, 2008, 66% on January 1, 2009 and in full on January 1, 2010.
6. The stock appreciation right is exercisable to the extent of 33% of the rights granted on January 1, 2009, 66% on January 1, 2010 and in full on January 1, 2011, and may be settled in cash or stock at the election of Visteon.
Remarks:
Heidi A. Sepanik, Secretary, Visteon Corporation on behalf of James F. Sistek 03/05/2010
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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