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VC Visteon Corporation

111.17
0.00 (0.00%)
Pre Market
Last Updated: 09:05:35
Delayed by 15 minutes
Share Name Share Symbol Market Type
Visteon Corporation NASDAQ:VC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 111.17 101.19 128.57 0 09:05:35

Initial Statement of Beneficial Ownership (3)

07/03/2017 10:08pm

Edgar (US Regulatory)


FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response...
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Cole Matthew M

2. Date of Event Requiring Statement (MM/DD/YYYY)
3/3/2017 

3. Issuer Name and Ticker or Trading Symbol

VISTEON CORP [VC]

(Last)        (First)        (Middle)

VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
Senior Vice President /

(Street)

VAN BUREN TOWNSHIP, MI 48111       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock   0   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy)     (1) 3/4/2022   Common Stock   748   $59.59   D    
Employee Stock Option (right to buy)     (1) 3/3/2023   Common Stock   2955   $72.98   D    
Employee Stock Option (right to buy)     (1) 3/2/2024   Common Stock   2921   $94.77   D    
Performance Rights     (2) 1/31/2018   Common Stock   789     (2) D    
Performance Rights     (2) 1/31/2019   Common Stock   1651     (2) D    
Performance Rights     (2) 1/31/2020   Common Stock   1398     (2) D    
Restricted Stock Units     (3) 3/5/2018   Common Stock   272     (3) D    
Restricted Stock Units     (3) 3/4/2019   Common Stock   1114     (3) D    
Restricted Stock Units   1/11/2021   1/11/2021   Common Stock   9122     (4) D    
Restricted Stock Units     (3) 3/3/2020   Common Stock   839     (3) D    

Explanation of Responses:
( 1)  The option is exercisable to the extent of one-third of the shares optioned after one year from the date of grant, two-thirds in two years and in full after three years.
( 2)  Each performance right represents a contingent right to receive one share of Visteon common stock. The performance rights vest based on relative total shareholder return over a three year performance period and are payable in stock or cash at the election of the Company, subject to tax withholding.
( 3)  Restricted Stock Units vest to the extent of 33% of the units granted each year following the first anniversary of the dtate of grant until the third anniversary of the datet of grant. Each Restricted Stock Unit will be converted and distributed to me, without payment, in stock (or cash at the eletion of the Company) upon vesting and based upon the then current market value of a share of Visteon common stock, subject to tax withholding.
( 4)  Each Restricted Stock Unit will be converted and distributed to me, without payment, in stock (or cash at the election of the Company) upon vesting and based upon the then current market value of a share of Visteon common stock, subject to tax withholding.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Cole Matthew M
VISTEON CORPORATION
ONE VILLAGE CENTER DRIVE
VAN BUREN TOWNSHIP, MI 48111


Senior Vice President

Signatures
Heidi A. Sepanik, Secretary, Visteon Corporation on behalf of Matthew M. Cole 3/7/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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