SCHAFFER CHARLES L 4
4 · VISTEON CORP · Filed Jan 4, 2005
Insider Transaction Report
Form 4
SCHAFFER CHARLES L
Director
Transactions
- Award
DCP Visteon Stock Units
2004-12-31$9.83/sh+253$2,487→ 41,775 total→ Common Stock (253 underlying) - Award
DCP Visteon Stock Units
2004-12-31$9.83/sh+2,136$20,997→ 43,911 total→ Common Stock (2,136 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.