SEC Form 4 
FORM 4	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
or Section 30(h) of the Investment Company Act of 1940 	  
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	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).			
1. Name and Address of Reporting Person*
JOHNSTON MICHAEL F	

(Last)	(First)	(Middle)	
VISTEON CORPORATION	
ONE VILLAGE CENTER DRIVE	

(Street) 
VAN BUREN TOWNSHIP	MI	48111	

(City)	(State)	(Zip)	
	2. Issuer Name and Ticker or Trading Symbol 
VISTEON CORP [ VC ] 	5. Relationship of Reporting Person(s) to Issuer 
(Check all applicable) 
X	Director		10% Owner	
X	Officer (give title below)		Other (specify below)	
Chairman & C.E.O.	
		
	3. Date of Earliest Transaction (Month/Day/Year)
02/26/2007 		
	4. 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 Acquired, Disposed of, or Beneficially Owned	
1. Title of Security (Instr. 3) 	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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								232,572	D		
Common Stock								0(1) 	I	By Company Plan	
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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)	7. Title and Amount of Securities Underlying Derivative Security (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: 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					
Restricted Stock Units	(2)	02/26/2007		A		185,133		12/31/2009	12/31/2009	Common Stock	185,133	$0.00 	185,133	D		
Employee Stock Option (right to buy)	$8.98 	02/26/2007		A		399,831		(3) 	02/25/2014	Common Stock	399,831	$0.00 	399,831	D		
Stock Appreciation Right	$8.98 	02/26/2007		A		399,831		(4) 	02/25/2014	Common Stock	399,831	$0.00 	399,831	D		
Stock Appreciation Right	$8.98 	02/26/2007		A		300,000		02/26/2009	02/25/2014	Common Stock	300,000	$0.00 	300,000	D		
DCP Visteon Stock Fund Units	(5)							(5) 	(5) 	Common Stock	47,839		82,723	D		
Explanation of Responses:	
1. Since the date of the reporting person's last report, 256 shares previously owned through the Visteon investment Plan were involuntarily sold by the plan administrator due to the elimination of the Visteon Stock Fund as an investment option.	
2. Each Restricted Stock Unit will be converted and distributed to me, without payment, in cash on March 1, 2010, based upon the then current market value of a share of Visteon common stock on the vesting date, subject to tax withholding.	
3. The option is exercisable to the extent of 33% of the shares optioned on January 1, 2008, 66% on January 1, 2009 and in full on January 1, 2010.	
4. The stock appreciation rights are exercisable to the extent of 33% of the rights granted on January 1, 2008, 66% on Janaury 1, 2009 and in full on Janaury 1, 2010.	
5. These Visteon Stock Fund units were acquired under the Company's Deferred Compensation Plan and 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.	
Remarks:	
	
	Heidi A. Sepanik, Secretary, Visteon Corporation on behalf of Michael F. Johnston	02/28/2007	
	** 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 4 (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.	
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