0001209191-21-021337.txt : 20210317
0001209191-21-021337.hdr.sgml : 20210317
20210317162633
ACCESSION NUMBER: 0001209191-21-021337
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210315
FILED AS OF DATE: 20210317
DATE AS OF CHANGE: 20210317
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lawande Sachin
CENTRAL INDEX KEY: 0001454378
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-15827
FILM NUMBER: 21750896
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]
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
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-03-15
0
0001111335
VISTEON CORP
VC
0001454378
Lawande Sachin
VISTEON CORPORATION
ONE VILLAGE CENTER DRIVE
VAN BUREN TOWNSHIP
MI
48111
1
1
0
0
CEO & President
Common Stock
2021-03-15
4
M
0
6446
A
146610
D
Common Stock
2021-03-15
4
F
0
2811
129.25
D
143799
D
Restricted Stock Units
2021-03-15
4
M
0
6446
D
2023-03-15
Common Stock
6446
12894
D
Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on March 15, 2021 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, 2021.
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, 2021.
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, Secretary, Visteon Corporation on behalf of Sachin S. Lawande
2021-03-17