Sec Form 4 Filing - Shull Keith M @ VISTEON CORP - 2013-04-30

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Shull Keith M
2. Issuer Name and Ticker or Trading Symbol
VISTEON CORP [ VC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Senior Vice President
(Last) (First) (Middle)
VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
04/30/2013
(Street)
VAN BUREN TOWNSHIP, MI48111
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock ( 1 ) 04/30/2013( 1 ) F 1,876 D $ 58.79 10,047 D
Common Stock ( 2 ) 04/30/2013 D( 2 ) 6,130 D $ 0 3,917 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $ 60.62 04/30/2013 D( 3 ) 129,843 ( 4 ) 05/31/2021 Common Stock 129,843 $ 0 6,491 D
Employee Stock Option (right to buy) $ 53.57 04/30/2013 D( 3 ) 3,890 ( 4 ) 02/27/2022 Common Stock 3,890 $ 0 1,944 D
Performance Right ( 5 ) 04/30/2013 D( 6 ) 2,469 ( 5 ) 12/31/2014 Common Stock 2,469 $ 0 3,552 D
Performance Right ( 7 ) 04/30/2013 D( 6 ) 50,563 ( 7 ) 12/31/2015 Common Stock 50,563 $ 0 9,490 D
Restricted Stock Unit ( 8 ) 04/30/2013 D( 9 ) 12,106 ( 8 ) 10/29/2015 Common Stock 12,106 $ 0 2,429 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Shull Keith M
VISTEON CORPORATION
ONE VILLAGE CENTER DRIVE
VAN BUREN TOWNSHIP, MI48111
Senior Vice President
Signatures
Heidi A. Sepanik, Secretary, Visteon Corporation on behalf of Keith M. Shull 05/02/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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 April 30, 2013.
( 2 )These shares of restricted common stock were forfeited in connection with Mr. Shull's departure from the Company.
( 3 )These stock options were forfeited in connection with Mr. Shull's departure from the Company.
( 4 )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.
( 5 )Each performance right represents a contingent right to receive one share of Visteon common stock. The vesting of the performance rights is based on relative shareholder return over a three year performace period and payable in stock (or cash at the election of Visteon), subject to tax withholding.
( 6 )These performance rights were forfeited in connection with Mr. Shull's departure from the Company.
( 7 )Each performance right represents a contingent right to receive one share of Visteon common stock. The vesting of the performance rights is based on achievment of a total shareholder return goal during a three year performace period and payable in stock (or cash at the election of Visteon), subject to tax withholding.
( 8 )Restricted stock units vest to the extent of 33% of the units granted each year following the first anniversary of the date of grant until the third anniversary of the date of grant. Each restricted stock unit will be converted and distributed to me, without payment, in stock (or cash at the election of Visteon), subject to cash withholding.
( 9 )These restricted stock units were forfeited in connection with Mr. Shull's departure from the Company.

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