David L. Duvall - Aug 10, 2023 Form 4 Insider Report for CORE MOLDING TECHNOLOGIES INC (CMT)

Role: Chief Executive Officer, Director
Signature: /s/ John Zimmer, as attorney-in-fact
Stock symbol: CMT
Transactions as of: Aug 10, 2023
Transactions value $: $471,982
Form type: 4
Date filed: 8/14/2023, 04:35 PM
Previous filing: Jun 27, 2023
Next filing: Sep 14, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CMT	Common Stock	Options Exercise	$872K	+34.1K	+7.94%	$25.59	463K	Aug 10, 2023	Direct
transaction	CMT	Common Stock	Tax liability	-$400K	-15.6K	-3.37%	$25.59	448K	Aug 10, 2023	Direct	F1

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	-55.9K	-100%	$0.00^*	0	Aug 10, 2023	Common Stock	55.9K	$10.00	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of restricted stock withheld to satisfy the executive's tax withholding obligation upon vesting of restricted stock. The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e).
F2	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.