Jaymi Wilson - 07 Mar 2022 Form 4 Insider Report for GENTHERM Inc (THRM)

Reporting relationship: SVP, Global Sales
Issuer ticker: THRM
Reported as of: 07 Mar 2022
Net transaction value: -$106,757
SEC form: 4
Accepted by SEC: 09 Mar 2022, 09:09:05 UTC
Prior SEC filing: 01 Mar 2022
Next SEC filing: 15 Mar 2022
Source filing: View source filing
Reporting owner signature: /s/ Meredith Ervine, by Power of Attorney

Key filing fact

Jaymi Wilson filed Form 4 for GENTHERM Inc (THRM) on 09 Mar 2022.

Key facts

This page summarizes Jaymi Wilson's Form 4 filing for GENTHERM Inc (THRM).
3 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 09 Mar 2022, 09:09.

Change

Previous filing in this sequence was filed on 01 Mar 2022.
Current net transaction value: -$106,757.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

THRM transaction

Common Stock

Award

Transaction value: $0
Shares: +3,562
Change %: +38%
Price: $0.000000
Shares after: 13,011
Date: 07 Mar 2022
Ownership: Direct
Footnotes: F1

THRM transaction

Common Stock

Award

Transaction value: $0
Shares: +1,692
Change %: +13%
Price: $0.000000
Shares after: 14,703
Date: 07 Mar 2022
Ownership: Direct
Footnotes: F2

THRM transaction

Common Stock

Tax liability

Transaction value: $106,757
Shares: -1,513
Change %: -10%
Price: $70.56
Shares after: 13,190
Date: 07 Mar 2022
Ownership: Direct

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

On February 25, 2019, 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 February 25, 2022, the vesting period lapsed, and on March 7, 2022, the Compensation Committee determined that the PSUs were earned at the maximum performance level.

Footnote F2

On February 25, 2019, the Reporting Person was granted PSUs under the 2013 Equity Incentive Plan. The PSUs are earned at 0% - 200% of the target grant award based on the Issuer's return on invested capital measured in the third year ("ROIC") 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 February 25, 2022, the vesting period lapsed, and on March 7, 2022, the Compensation Committee determined that the PSUs were earned at 95% of the target performance level.