Caetano Roberto Ferraiolo - Dec 12, 2024 Form 4 Insider Report for STONERIDGE INC (SRI)

Role
President Stoneridge Brazil
Signature
/s/ Robert M. Loesch, by power of attorney
Stock symbol
SRI
Transactions as of
Dec 12, 2024
Transactions value $
-$11,973
Form type
4
Date filed
12/13/2024, 05:21 PM
Previous filing
Mar 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SRI Common Shares, without par value Options Exercise $0 +6.63K +314.43% $0.00 8.73K Dec 12, 2024 Direct
transaction SRI Common Shares, without par value Tax liability -$12K -1.8K -20.56% $6.67 6.94K Dec 12, 2024 Direct

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 Options Exercise $0 -6.63K -32.01% $0.00 14.1K Dec 12, 2024 Common Shares, without par value 6.63K Direct F2
holding SRI Phantom Shares 14.6K Dec 12, 2024 Common Shares, without par value 14.6K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Phantom Shares granted to the Reporting Person pursuant to the Company's Long-Term Incentive Plan. Each Phantom Share is the economic equivalent of one Company Common Shares and will be paid in cash equal to the fair market value of one Company Common Share if the Reporting Person remains employed on June 20, 2025.
F2 On December 12, 2022 the Reporting Person was granted 6,625 Share Units pursuant to the Company's Long-Term Incentive Plan which vested on December 12, 2024 and were paid on a one-for-one basis in Company common shares . The remaining Share Units shall vest if the Reporting Person remains employed on the date specified under the various grant agreements.