SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Mitchell Eric S

(Last) (First) (Middle)
833 E. MICHIGAN STREET
SUITE 1100

(Street)
MILWAUKEE WI 53202

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Adient Ltd [ ADNT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
11/18/2016
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Ordinary Shares 11/19/2016 F 140(1) D $53.05 1,934 D
Ordinary Shares 11/18/2016 A 10,779 A $53.05 12,056(2) I 401(k) Savings Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $28.97 10/05/2014(3) 10/05/2022 Ordinary Shares 877 877(4) D
Employee Stock Option (right to buy) $45.62 10/07/2017(3) 10/07/2025 Ordinary Shares 1,483 1,483(4) D
Employee Stock Option (right to buy) $52.24 11/18/2016(3) 11/18/2024 Ordinary Shares 1,255 1,255(4) D
Employee Stock Option (right to buy) $50.31 11/19/2015(3) 11/19/2023 Ordinary Shares 1,326 1,326(4) D
Employee Stock Option (right to buy) $33.68 03/20/2014(3) 03/20/2022 Ordinary Shares 160 160(4) D
Deferred Compensation - Phantom Stock Units (5) (6) (6) Ordinary Shares 49,776 49,776 D
Explanation of Responses:
1. Withholding of shares to cover taxes due on restricted shares that vested on 11/19/16.
2. Shares represented by Company stock fund units acquired under the Company Savings Plan based on information furnished by the Plan Administrator as of 11/18/16.
3. 50% of the options vest on the second and the remaining 50% vest on the third anniversary of the award.
4. Options acquired in connection with the completion of the spin-off pursuant to which Johnson Controls' options were converted into a proportionate number of options of Adient plc.
5. Each unit of phantom stock has the equivalend economic value of one share of Adient common stock.
6. Phantom Stock Units covered under the Adient Deferred Compensation Plan acquired with the completion of the spin-off between Johnson Controls International plc ("JCI") and Adient plc ("Adient")(the "spin-off"). The units will settle 100% in cash upon the reporting person's retirement or termination, subject to vesting requirements.
/s/Carmen Lesperance, attorney-in-fact for Eric S. Mitchell 11/22/2016
** 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 4 (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).
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