James F. Crowley - May 11, 2023 Form 4 Insider Report for CORE MOLDING TECHNOLOGIES INC (CMT)

Role
Director
Signature
/s/ John P. Zimmer, as attorney-in-fact
Stock symbol
CMT
Transactions as of
May 11, 2023
Transactions value $
$70,695
Form type
4
Date filed
5/12/2023, 10:41 AM
Previous filing
Mar 14, 2023
Next filing
Jun 16, 2023

Transactions Table

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CMT Stock Appreciation Right Options Exercise $0 -6.93K -100% $0.00* 0 May 11, 2023 Common Stock 6.93K $10.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Granted as Stock Appreciation Rights (SARs) under the 2006 Long-Term Equity Incentive Plan. The SARs vest and become exercisable 1/3 on the first anniversary of the date of grant, 2/3 on the second anniversary of the date of grant, and 100% on the third anniversary of the date of grant.