Mill Road Capital III, L.P. - Mar 30, 2023 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: Mar 30, 2023
Transactions value $: $248,521
Form type: 4
Date filed: 4/3/2023, 07:19 PM
Previous filing: Mar 31, 2023
Next filing: Apr 11, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SUP	Common Stock, $0.01 par value	Purchase	$269K	+53.8K	+1.32%	$4.99	4.13M	Mar 31, 2023	Direct	F1, F2
transaction	SUP	Common Stock, $0.01 par value	Purchase	$13.6K	+2.75K	+0.07%	$4.96	4.13M	Apr 3, 2023	Direct	F2

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)	Sale	-$33.8K	-500	-50%	$67.50	500	Mar 30, 2023	Common Stock	50K	$5.00	Direct	F2

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

Explanation of Responses:

Id	Content
F1	This price represents the weighted average purchase price of multiple transactions on the reported date at prices ranging from $4.9877 to $5.0033, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the Commission staff, upon request, full information regarding the number of shares purchased at each separate price.
F2	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.

Content

This price represents the weighted average purchase price of multiple transactions on the reported date at prices ranging from $4.9877 to $5.0033, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the Commission staff, upon request, full information regarding the number of shares purchased at each separate price.

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.