Visteon SVP files Form 3 for equity awards
VISTEON CORP Senior Vice President Kim Seungkyung filed an initial Form 3 reporting existing equity award holdings.
Rhea-AI Filing Summary
VISTEON CORP Senior Vice President Kim Seungkyung filed an initial Form 3 reporting existing equity award holdings. The filing lists performance rights over 1,116, 2,317 and 3,763 underlying shares of common stock with expiration dates in 2027, 2028 and 2029, respectively, each representing a contingent right to one share. Vesting is based on relative shareholder return and return on invested capital over a three‑year period and is payable in stock, subject to tax withholding.
The filing also reports restricted stock units over 246, 744, 2,317 and 2,509 underlying shares with scheduled vesting on March 15 of each year following grant. These units convert to common stock without cash payment upon vesting, based on the then current market value, also subject to tax withholding.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Performance Rights | -- | -- | -- |
| holding | Performance Rights | -- | -- | -- |
| holding | Performance Rights | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Each performance right represents a contingent right to receive one share of Visteon common stock. The vesting of the performance right is based on relative shareholder return over a three year performance period and payable in stock, subject to tax withholding.
- F2. Each performance right represents a contingent right to receive one share of Visteon common stock. The vesting of the performance right is based on relative shareholder return and return on invested capital metrics over a three year performance period and payable in stock, subject to tax withholding.
- F3. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 3 filing for VISTEON CORP (VC) report for Kim Seungkyung?
How many performance rights does Kim Seungkyung report in VISTEON CORP (VC)?
What performance metrics affect Kim Seungkyung’s performance rights at VISTEON CORP (VC)?
How do Kim Seungkyung’s restricted stock units in VISTEON CORP (VC) vest?
Does the VISTEON CORP (VC) Form 3 show any common stock directly held by Kim Seungkyung?
Are Kim Seungkyung’s VISTEON CORP (VC) equity awards granted at an exercise price?
AI-generated analysis. How Rhea-AI works. Not financial advice.