UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

LEAR CORPORATION

(Exact name of registrant as specified in its charter)

Delaware		1-11311		13-3386776
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification Number)

21557 Telegraph Road, Southfield, MI				48033
(Address of principal executive offices)				(Zip Code)

(248) 447-1500
(Registrant’s telephone number, including area code)

N/A
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

Section 8 — Other Events

Item 8.01 Other Events.

On November 10, 2010, Lear Corporation issued a press release announcing the mandatory conversion of all of its issued and outstanding Series A Convertible Participating Preferred Stock, par value $0.01 per share (the “Preferred Stock”), into newly issued shares of its Common Stock, par value $0.01 per share, in accordance with terms of the Preferred Stock. The mandatory conversion is effective as of November 10, 2010.

A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.

Section 9 — Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits

(d) Exhibits:

Exhibit Number		Exhibit Description
99.1		Press release, dated November 10, 2010

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

EXHIBIT INDEX

Exhibit Number		Exhibit Description
99.1		Press release, dated November 10, 2010

Exhibit 99.1

FOR IMMEDIATE RELEASE

		Investor / Media Contact:
		Mel Stephens
		(248) 447-1624
		Investor Contact:
		Ed Lowenfeld
		(248) 447- 4380

Lear Announces the Conversion of its
Preferred Stock into Common Stock

     SOUTHFIELD, Mich., November 10, 2010 — Lear Corporation [NYSE: LEA], a leading global supplier of automotive seating and electrical power management systems, announced today the mandatory conversion of all issued and outstanding shares of its Series A Convertible Participating Preferred Stock into newly issued shares of Lear Common Stock in accordance with terms of the Preferred Stock. The mandatory conversion is effective as of November 10, 2010.

     As of the close of business on November 9, 2010, Lear had 1,470,788 shares of Preferred Stock issued and outstanding. As of November 10, 2010, such shares of Preferred Stock converted on a one-for-one basis into an aggregate of 1,470,788 shares of newly issued Common Stock.

     Questions regarding the mandatory conversion of the Preferred Stock may be directed to BNY Mellon Shareowner Services at 1-800-229-8417.

     Lear Corporation is one of the world’s leading suppliers of automotive seating and electrical power management systems. The Company’s world-class products are designed, engineered and manufactured by a diverse team of approximately 80,000 employees in 35 countries. Lear’s headquarters are in Southfield, Michigan, and Lear is traded on the New York Stock Exchange under the symbol [LEA]. Further information about Lear is available on the internet at http://www.lear.com.

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