Ray Nicholas - 30 May 2023 Form 4 Insider Report for STANDARD MOTOR PRODUCTS, INC. (SMP)

Signature
Ray Nicholas
Issuer symbol
SMP
Transactions as of
30 May 2023
Net transactions value
-$92,837
Form type
4
Filing time
31 May 2023, 18:58:10 UTC
Previous filing
27 Sep 2022
Next filing
26 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMP Common Stock Sale $88,270 -2,427 -5.3% $36.37 43,680 30 May 2023 Direct F1
transaction SMP Common Stock Sale $4,567 -123 -0.28% $37.13 43,557 30 May 2023 Direct F2
holding SMP Common Stock 8,200 30 May 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was a broker-assisted sale of shares to cover the payment of withholding tax liability incurred upon the vesting of a restricted stock award issued to the reporting person under the Company's Amended and Restated 2016 Omnibus Incentive Plan. This transaction was executed in multiple trades at prices ranging from $36.03 to $36.85. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares at which the transaction was effected.
F2 This transaction was a broker-assisted sale of shares to cover the payment of withholding tax liability incurred upon the vesting of a restricted stock award issued to the reporting person under the Company's Amended and Restated 2016 Omnibus Incentive Plan.
F3 ESOP shares beneficially owned. Allocations and/or dispositions may have occurred since the date of the reporting person's last ownership report.