SCHAFFER CHARLES L 4
4 · VISTEON CORP · Filed Jan 5, 2004
Insider Transaction Report
Form 4
SCHAFFER CHARLES L
Director
Transactions
- Award
DCP Visteon Stock Units
2003-12-31$10.38/sh+172$1,785→ 30,076 total→ Common Stock (172 underlying) - Award
DCP Visteon Stock Units
2003-12-31$10.38/sh+1,685$17,490→ 31,762 total→ Common Stock (1,685 underlying)
Footnotes (2)
- [F1]These Visteon Stock Units result from automatic reinvestment of cash dividends payable on Visteon Stock Units and were credited to my account by the Company, without payment by me, under the Company's Deferred Compensation Plan for Non-Employee Directors. In general, these Visteon Stock Units will be distributed to me, without payment, in shares of Common Stock, on January 15th of the year following termination of board service, based upon the then current market value of a share of Common Stock.
- [F2]In general, these Visteon Stock Units will be converted and distributed to me, without payment, in shares of Common Stock, on January 15th of the year following termimation of board service, based upon the then current market value of a share of Common Stock.