Mill Road Capital III, L.P. - Jan 21, 2022 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
Jan 21, 2022
Transactions value $
$1,036,011
Form type
4
Date filed
1/25/2022, 05:11 PM
Previous filing
Jan 21, 2022
Next filing
Jan 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUP Common Stock, $0.01 par value Purchase $161K +32.2K +0.99% $5.00 3.29M Jan 21, 2022 Direct F1
transaction SUP Common Stock, $0.01 par value Purchase $269K +35.8K +1.09% $7.50 3.33M Jan 21, 2022 Direct F1
transaction SUP Common Stock, $0.01 par value Purchase $71K +7.1K +0.21% $10.00 3.34M Jan 21, 2022 Direct F1
transaction SUP Common Stock, $0.01 par value Purchase $489K +39.1K +1.17% $12.50 3.38M Jan 21, 2022 Direct F1
transaction SUP Common Stock, $0.01 par value Purchase $37.2K +9.14K +0.27% $4.07 3.39M Jan 24, 2022 Direct F1
transaction SUP Common Stock, $0.01 par value Purchase $9.54K +2.3K +0.07% $4.15 3.39M Jan 25, 2022 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 -322 -100% $0.00* 0 Jan 21, 2022 Common Stock 32.2K $5.00 Direct F1, F2
transaction SUP Put options (obligation to buy) Exercise of in-the-money or at-the-money derivative security $0 -358 -100% $0.00* 0 Jan 21, 2022 Common Stock 35.8K $7.50 Direct F1, F3
transaction SUP Put options (obligation to buy) Exercise of in-the-money or at-the-money derivative security $0 -391 -100% $0.00* 0 Jan 21, 2022 Common Stock 39.1K $12.50 Direct F1, F4
transaction SUP Put options (obligation to buy) Exercise of in-the-money or at-the-money derivative security $0 -71 -100% $0.00* 0 Jan 21, 2022 Common Stock 7.1K $10.00 Direct F1, F5
* 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 12/22/2021 to 12/31/2021.
F3 Each put option became exercisable on the date purchased, which dates range from 9/20/2021 to 9/30/2021.
F4 Each put option became exercisable on the date purchased, which dates range from 6/8/2021 to 7/6/2021.
F5 Each put option became exercisable on the date purchased, which dates range from 8/25/2021 to 8/26/2021.