Eric Sills - 09 Nov 2023 Form 4 Insider Report for STANDARD MOTOR PRODUCTS, INC. (SMP)

Signature
Eric Sills
Issuer symbol
SMP
Transactions as of
09 Nov 2023
Net transactions value
-$88,876
Form type
4
Filing time
13 Nov 2023, 13:23:53 UTC
Previous filing
26 Oct 2023
Next filing
25 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMP Common Stock Award $0 +3,220 +1.9% $0.000000 176,003 09 Nov 2023 Direct F1
transaction SMP Common Stock Sale $57,304 -1,650 -0.94% $34.73 174,353 10 Nov 2023 Direct F2
transaction SMP Common Stock Sale $31,572 -900 -0.52% $35.08 173,453 10 Nov 2023 Direct F3
holding SMP Common Stock 175,594 09 Nov 2023 By Trust F4
holding SMP Common Stock 250,406 09 Nov 2023 By Trust F5
holding SMP Common Stock 7,338 09 Nov 2023 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares granted upon the vesting of a performance share award issued to the reporting person in September 2020 under the Company's Amended and Restated 2016 Omnibus Incentive Plan.
F2 This transaction was a broker-assisted sale of shares to cover the payment of withholding tax liability incurred upon the vesting of restricted stock and a performance share award issued to the reporting person in September 2020 under the Company's Amended and Restated 2016 Omnibus Incentive Plan. This transaction was executed in multiple trades at prices ranging from $34.04 to $35.04. 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 and prices at which the transaction was effected.
F3 This transaction was a broker-assisted sale of shares to cover the payment of withholding tax liability incurred upon the vesting of restricted stock and a performance share award issued to the reporting person in September 2020 under the Company's Amended and Restated 2016 Omnibus Incentive Plan. This transaction was executed in multiple trades at prices ranging from $35.05 to $35.14. 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 and prices at which the transaction was effected.
F4 These shares are held in a trust, of which the reporting person is trustee, and in which the reporting person's children are beneficiaries. The reporting person disclaims beneficial ownership of these shares, and the filing of this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.
F5 These shares are held in a trust in which the reporting person is a beneficiary.
F6 ESOP shares beneficially owned. Allocations and/or dispositions may have occurred since the date of the reporting person's last ownership report.