SEC Filing | Visteon Corporation

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SEC FORM 3 SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

MINOR GLENDA J

(Last)

(First)

(Middle)

(Street)

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
07/09/2003

3. Issuer Name and Ticker or Trading Symbol
VISTEON CORP [ VC ]

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Vice President

5. If Amendment, Date of Original Filed (Month/Day/Year)

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	29,095	D
Common Stock	59⁽²⁾	I	By Company Plan

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Employee Stock Option (right to buy)	08/08/1988⁽¹⁾	12/17/2010	Common Stock	2,000	10.13	D
Employee Stock Option (right to buy)	08/08/1988⁽¹⁾	05/08/2011	Common Stock	9,252	17.46	D
Employee Stock Option (right to buy)	08/08/1988⁽¹⁾	02/12/2012	Common Stock	11,884	13.57	D
Employee Stock Option (right to buy)	08/08/1988⁽¹⁾	02/11/2013	Common Stock	26,089	6.63	D
SPP Visteon Stock Fund Unit	08/08/1988⁽³⁾	08/08/1988⁽³⁾	Common Stock	19	0⁽³⁾	D
DCP Visteon Stock Fund Unit	08/08/1988⁽⁴⁾	08/08/1988⁽⁴⁾	Common Stock	762	0⁽⁴⁾	D

Explanation of Responses:

1. 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.

2. These shares, or units representing these shares, were acquired under the Visteon Investment Plan and reported to me in my most recent plan statement.

3. These Visteon Stock Fund Units were credited to my account, without payment by me, under the Company's Savings Parity Plan, and were reported to me in my most recent plan statement. In general, these Visteon Stock Fund Units will be converted and distributed to me, without payment, in cash following termination of employment, based on the then current price of a Visteon Stock Fund Unit, and the then current market value of a share of Visteon common stock.

4. These Visteon Stock Fund Units were credited to my account, without payment by me, under the Company's Deferred Compensation Plan, and were reported to me in my most recent plan statement. In general, these Visteon Stock Fund Units will be converted and distributed to me in cash following termination of employment, based on the then current price of a Visteon Stock Fund Unit, and the then current market value of a share of Visteon common stock.

	Heidi A. Diebol-Hoorn, Assistant Secretary, Visteon Corporation on behalf of Glenda J. Minor	07/18/2003
	** 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).
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 July 9, 2003

Securities and Exchange Commission
450 Fifth Street,
N.W.
Washington, D.C.  20549


Ladies and Gentlement:

Please let
this letter serve to confirm the authority I have granted, effective
immediately, to Stacy L. Fox, Senior Vice President, General Counsel and
Secretary; and Heidi A. Diebol-Hoorn, Assistant Secretary; Visteon
Corporation, to execute and file with the Securities and Exchange
Commission and other relevant securities exchanges reports, notices and any
other documents required of me under Section 16(a) of the Securities
Exchange Act of 1934 or Rule 144 under the Securities Act of 1933.

This
authority shall remain in effect until I have notified you in writing of
its termination.

Sincerely,

/s/Glenda J. Minor
Glenda J. Minor