Salvatore D. Orsini - Mar 11, 2024 Form 4 Insider Report for STONERIDGE INC (SRI)

Role
Chief Procurement Officer
Signature
/s/ Robert M. Loesch, by power of attorney
Stock symbol
SRI
Transactions as of
Mar 11, 2024
Transactions value $
$0
Form type
4
Date filed
3/13/2024, 06:23 PM
Previous filing
Jun 22, 2023

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 SRI Share Units Award $0 +4.69K +109.05% $0.00 8.98K Mar 11, 2024 Common Shares, without par value 4.69K Direct F1
holding SRI Phantom Shares 11.6K Mar 11, 2024 Common Shares, without par value 11.6K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Share Units granted to the Reporting Person pursuant to the Company's Long-Term Incentive Plan payable on a one-for-one basis in Company common shares if the Reporting Person remains employed on March 1, 2027.
F2 Each Phantom Share is the economic equivalent of one Company Common Share and will paid paid in cash equal to the fair market value of one Company Common Share if the Reporting Person remains employed on June 20, 2025