0001111335-24-000085.txt : 20240319 0001111335-24-000085.hdr.sgml : 20240319 20240319162431 ACCESSION NUMBER: 0001111335-24-000085 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240315 FILED AS OF DATE: 20240319 DATE AS OF CHANGE: 20240319 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Lawande Sachin CENTRAL INDEX KEY: 0001454378 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-15827 FILM NUMBER: 24763656 MAIL ADDRESS: STREET 1: HARMAN INTERNATIONAL STREET 2: 400 ATLANTIC STREET, SUITE 1500 CITY: STAMFORD STATE: CT ZIP: 06901 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: VISTEON CORP CENTRAL INDEX KEY: 0001111335 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 383519512 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: ONE VILLAGE CENTER DRIVE CITY: VAN BUREN TOWNSHIP STATE: MI ZIP: 48111 BUSINESS PHONE: 800-847-8366 MAIL ADDRESS: STREET 1: ONE VILLAGE CENTER DRIVE CITY: VAN BUREN TOWNSHIP STATE: MI ZIP: 48111 4 1 wk-form4_1710879844.xml FORM 4 X0508 4 2024-03-15 0 0001111335 VISTEON CORP VC 0001454378 Lawande Sachin VISTEON CORPORATION ONE VILLAGE CENTER DRIVE VAN BUREN TOWNSHIP MI 48167 1 1 0 0 CEO and President 0 Common Stock 2024-03-15 4 M 0 6780 A 267833 D Common Stock 2024-03-15 4 F 0 2957 112.85 D 264876 D Common Stock 2024-03-15 4 M 0 8333 A 273209 D Common Stock 2024-03-15 4 F 0 3634 112.85 D 269575 D Common Stock 2024-03-15 4 M 0 6287 A 275862 D Common Stock 2024-03-15 4 F 0 2742 112.85 D 273120 D Restricted Stock Units 2024-03-15 4 M 0 6780 D 2024-03-15 Common Stock 6780 0 D Restricted Stock Units 2024-03-15 4 M 0 8333 D 2025-03-15 Common Stock 8333 8333 D Restricted Stock Units 2024-03-15 4 M 0 6287 D 2026-03-15 Common Stock 6287 12574 D Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on March 15, 2024 and was converted and paid to me in common stock without any election or action on my part. The value of each share was based on the fair market value of Visteon common stock as of March 15, 2024. These shares were withheld by Visteon to satisfy income tax withholding obligations arising in connection with the vesting of certain Restricted Stock Units. The value of each share was based on the fair market value of Visteon common stock as of March 15, 2024. Restricted Stock Units vest to the extent of 33% of the units granted on the following March 15th of each year after the date of grant. Each Restricted Stock Unit will be converted and distributed to me, without payment, in stock upon vesting and based upon the then current market value of a share of Visteon common stock, subject to tax withholding. Heidi A. Sepanik, Corporate Secretary, Visteon Corporation on behalf of Sachin S. Lawande 2024-03-19