Adriana E. Macouzet Flores - May 20, 2021 Form 4 Insider Report for Cooper-Standard Holdings Inc. (CPS)

Role
Director
Signature
/s/ Denise Balog on behalf of Adriana E. Macouzet Flores under power of attorney
Stock symbol
CPS
Transactions as of
May 20, 2021
Transactions value $
$0
Form type
4
Date filed
5/24/2021, 01:29 PM
Next filing
May 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPS Common stock Options Exercise +12.7K 12.7K May 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 CPS Restricted Stock Units Award $0 +4.05K $0.00 4.05K May 20, 2021 Common stock 4.05K Direct F1, F2, F3
transaction CPS Restricted Stock Units Options Exercise $0 -12.7K -100% $0.00* 0 May 20, 2021 Common stock 12.7K Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The company, in its sole discretion, settles restricted stock units (RSUs) by electing either to (i) make an appropriate book entry in the reporting person's name for a number of shares equal to the number of RSUs that have vested or (ii) deliver an amount of cash equal to the fair market value, determined as of the vesting date, of a number of shares equal to the number of RSUs that have vested.
F2 These are time-based RSUs granted to the reporting person on May 20, 2021, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan.
F3 Subject to the reporting person's continued service as a director, these RSUs vest and are no longer subject to forfeiture on the earlier of the first anniversary of the grant date or the date of the first annual shareholders meeting of the company that occurs after the grant date, subject to the director's deferral election, if applicable. Each RSU represents a contingent right to receive, at the issuer's option, either one share of common stock or the cash equivalent upon satisfaction of the vesting events.
F4 These are time-based RSUs granted to the reporting person on May 21, 2020, under Cooper-Standard Holdings Inc. 2017 Omnibus Incentive Plan.