Mill Road Capital III, L.P. - Dec 16, 2021 Form 4 Insider Report for SUPERIOR INDUSTRIES INTERNATIONAL INC (SUP)

Role
10%+ Owner
Signature
/s/ Justin C. Jacobs, Management Committee Director of sole general partner on behalf of Mill Road Capital III, L.P.
Stock symbol
SUP
Transactions as of
Dec 16, 2021
Transactions value $
$435,005
Form type
4
Date filed
12/20/2021, 05:11 PM
Previous filing
Dec 16, 2021
Next filing
Dec 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUP Common Stock, $0.01 par value Purchase $202K +40.3K +1.4% $5.00 2.92M Dec 16, 2021 Direct F1
transaction SUP Common Stock, $0.01 par value Purchase $134K +32.1K +1.1% $4.17 2.95M Dec 17, 2021 Direct F1
transaction SUP Common Stock, $0.01 par value Purchase $28K +5.6K +0.19% $5.00 2.96M Dec 17, 2021 Direct F1
transaction SUP Common Stock, $0.01 par value Purchase $47.1K +11.5K +0.39% $4.10 2.97M Dec 20, 2021 Direct F1
transaction SUP Common Stock, $0.01 par value Purchase $24.9K +6.13K +0.21% $4.06 2.97M Dec 20, 2021 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 SUP Put options (obligation to buy) Exercise of in-the-money or at-the-money derivative security $0 -403 -89.36% $0.00 48 Dec 16, 2021 Common Stock 40.3K $5.00 Direct F1, F2
transaction SUP Put options (obligation to buy) Sale -$640 -8 -50% $80.00 8 Dec 17, 2021 Common Stock 800 $5.00 Direct F1
transaction SUP Put options (obligation to buy) Exercise of in-the-money or at-the-money derivative security $0 -56 -100% $0.00* 0 Dec 17, 2021 Common Stock 5.6K $5.00 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares reported are directly held by Mill Road Capital III, L.P. (the "Fund"). Mill Road Capital III GP LLC (the "GP") is the sole general partner of the Fund and has sole authority to vote (or direct the vote of), and to dispose (or direct the disposal) of, these shares on behalf of the Fund. Mr. Lynch is a management committee director of the GP and has shared authority to vote (or direct the vote of), and to dispose (or direct the disposal) of, these shares on behalf of the GP. Each of the Reporting Persons disclaims beneficial ownership of such shares except to the extent of his or its pecuniary interest therein, if any.
F2 Each put option became exercisable on the date purchased, which dates range from 12/3/2021 to 12/15/2021.
F3 Each put option became exercisable on the date purchased, which dates range from 12/3/2021 to 12/17/2021.