Barbara J. Runyon - 21 Jun 2021 Form 4 Insider Report for GENTHERM Inc (THRM)

Role: SVP & CHRO
Signature: /s/ Barbara Runyon
Issuer symbol: THRM
Transactions as of: 21 Jun 2021
Net transactions value: $0
Form type: 4
Filing time: 23 Jun 2021, 16:25:45 UTC
Next filing: 16 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	THRM	Common Stock	Award	$0	+5,250	+50%	$0.000000	15,814	21 Jun 2021	Direct	F1

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

Explanation of Responses:

Id	Content
F1	On August 13, 2018, the Reporting Person was granted performance-based Restricted Stock Units (PSUs) under the 2013 Equity Incentive Plan. The PSUs are earned at 0% - 200% of the target grant award based on the Issuer's three-year total shareholder return ("TSR") relative to a peer group and vest on the later of the date the Compensation Committee determines that the PSUs are earned and the third anniversary of the grant date. On June 21, 2021, the Compensation Committee determined that the PSUs were earned at the maximum performance level. The earned shares will vest on August 13, 2021, subject to continuing employment on such vesting date.

Content

On August 13, 2018, the Reporting Person was granted performance-based Restricted Stock Units (PSUs) under the 2013 Equity Incentive Plan. The PSUs are earned at 0% - 200% of the target grant award based on the Issuer's three-year total shareholder return ("TSR") relative to a peer group and vest on the later of the date the Compensation Committee determines that the PSUs are earned and the third anniversary of the grant date. On June 21, 2021, the Compensation Committee determined that the PSUs were earned at the maximum performance level. The earned shares will vest on August 13, 2021, subject to continuing employment on such vesting date.