0001209191-20-007924.txt : 20200210
0001209191-20-007924.hdr.sgml : 20200210
20200210163721
ACCESSION NUMBER: 0001209191-20-007924
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200206
FILED AS OF DATE: 20200210
DATE AS OF CHANGE: 20200210
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Vallance Robert R
CENTRAL INDEX KEY: 0001676719
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-15827
FILM NUMBER: 20592436
MAIL ADDRESS:
STREET 1: VISTEON CORPORATION
STREET 2: ONE VILLAGE CENTER DRIVE
CITY: VAN BUREN TOWNSHIP
STATE: MI
ZIP: 48111
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: VISTEON CORP
CENTRAL INDEX KEY: 0001111335
STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714]
IRS NUMBER: 383519512
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: ONE VILLAGE CENTER DRIVE
CITY: VAN BUREN TOWNSHIP
STATE: MI
ZIP: 48111
BUSINESS PHONE: 800-847-8366
MAIL ADDRESS:
STREET 1: ONE VILLAGE CENTER DRIVE
CITY: VAN BUREN TOWNSHIP
STATE: MI
ZIP: 48111
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2020-02-06
0
0001111335
VISTEON CORP
VC
0001676719
Vallance Robert R
VISTEON CORPORATION
ONE VILLAGE CENTER DRIVE
VAN BUREN TOWNSHIP
MI
48111
0
1
0
0
Senior Vice President
Common Stock
2020-02-06
4
M
0
1834
A
8383
D
Common Stock
2020-02-06
4
F
0
583
84.33
D
7800
D
Performance Rights
2020-02-06
4
A
0
266
D
2020-01-31
Common Stock
266
1834
D
Performance Rights
2020-02-06
4
M
0
1834
D
2020-01-31
Common Stock
1834
0
D
Each performance right, which is the economic equivalent of one share of Visteon common stock, was converted and paid to me in common stock without any election or action on my part. The value of each share was based on the fair market value of Visteon common stock as of February 6, 2020.
The shares were withheld by Visteon to satisfy income tax withholding obligations arising in connection with the vesting of certain Performance Rights. The value of each share was based on the fair market value of Visteon common stock as of February 6, 2020.
Each Performance Right represents a contingent right to receive one share of Visteon common stock. The Performance Rights vested based on relative total shareholder return over a three year performance period and were paid in stock at the election of the Company.
Additional Performance Rights were received because the performance criteria was exceeded.
Heidi A. Sepanik, Secretary, Visteon Corporation, on behalf of Robert R. Vallance
2020-02-10