Fream Julie A 4
4 · VISTEON CORP · Filed Dec 2, 2011
Insider Transaction Report
Form 4
Fream Julie A
Vice President
Transactions
- Tax Payment
Common Stock
2011-11-30$55.95/sh−10,151$567,948→ 21,129 total - Disposition to Issuer
Employee Stock Option (right to buy)
2011-11-30−10,915→ 0 totalExercise: $74.08Exp: 2021-03-07→ Common Stock (10,915 underlying)
Footnotes (3)
- [F1]The shares were withheld by Visteon to satisfy income tax withholding obligations arising in connection with the vesting of certain shares of restricted common stock. The value of each share was based on the fair market value of Visteon common stock as of November 30, 2011.
- [F2]These stock options were forfeited in connection with Ms. Fream's departure from the Company.
- [F3]The option is exercisable to the extent of 33% of the shares optioned after one year from the date of grant, 66% in two years and in full after three years.