0001209191-17-018879.txt : 20170307 0001209191-17-018879.hdr.sgml : 20170307 20170307172120 ACCESSION NUMBER: 0001209191-17-018879 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170303 FILED AS OF DATE: 20170307 DATE AS OF CHANGE: 20170307 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: VISTEON CORP CENTRAL INDEX KEY: 0001111335 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Vallance Robert R CENTRAL INDEX KEY: 0001676719 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-15827 FILM NUMBER: 17673013 MAIL ADDRESS: STREET 1: VISTEON CORPORATION STREET 2: ONE VILLAGE CENTER DRIVE CITY: VAN BUREN TOWNSHIP STATE: MI ZIP: 48111 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2017-03-03 0 0001111335 VISTEON CORP VC 0001676719 Vallance Robert R VISTEON CORPORATION ONE VILLAGE CENTER DRIVE VAN BUREN TOWNSHIP MI 48111 0 1 0 0 Senior Vice President Common Stock 2017-03-04 4 M 0 416 A 3560 D Common Stock 2017-03-04 4 F 0 154 94.77 D 3406 D Common Stock 2017-03-05 4 M 0 260 A 3666 D Common Stock 2017-03-05 4 F 0 96 94.77 D 3570 D Common Stock 2017-03-06 4 M 0 1431 59.59 A 5001 D Common Stock 2017-03-06 4 S 0 1431 94.504 D 3570 D Common Stock 2017-03-06 4 S 0 590 94.494 D 2980 D Employee Stock Option (right to buy) 94.77 2017-03-03 4 A 0 3275 0.00 A 2024-03-02 Common Stock 3275 3275 D Performance Rights 2017-03-03 4 A 0 1568 0.00 A 2020-01-31 Common Stock 1568 1568 D Restricted Stock Units 2017-03-03 4 A 0 941 0.00 A 2020-03-03 Common Stock 941 941 D Restricted Stock Units 2017-03-04 4 M 0 416 D 2019-03-04 Common Stock 416 834 D Restricted Stock 2017-03-05 4 M 0 260 D 2018-03-05 Common Stock 260 261 D Employee Stock Option (right to buy) 59.59 2017-03-06 4 M 0 1431 0.00 D 2022-03-04 Common Stock 1431 716 D Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on March 4, 2017 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 3, 2017, the next preceding trading day. 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 3, 2017, the next preceding trading day. Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on March 5, 2017 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 3, 2017, the next preceding trading day. The option is exercisable to the extent of one third of the shares optioned after one year from the date of grant, two-thirds in two years and in full after three years. Each performance right represents a contingent right to receive one share of Visteon common stock. The vesting of the performance rights is based on relative total shareholder return over a three year performance period and payable in stock or cash at the election of Visteon, subject to tax withholding. Restricted Stock Units vest to the extent of 33% of the units granted each year following the first annivesary of the date of grant until the third anniverary of the date of grant. Each Restricted Stock Unit will be converted and distributed to me, without payment, in cash or stock at the election of Visteon, upon vesting and based upon the then current market value of a share of Visteon common stock, subject to tax withholding. Heidi A. Sepanik, Secretary, Visteon Corporation on behalf of Robert R. Vallance 2017-03-07