Jeffrey S. Edwards - Feb 14, 2022 Form 4 Insider Report for Cooper-Standard Holdings Inc. (CPS)

Role
Chairman and CEO, Director
Signature
/s/ Denise Balog, on behalf of Jeffrey S. Edwards under Power of Attorney
Stock symbol
CPS
Transactions as of
Feb 14, 2022
Transactions value $
-$50,606
Form type
4
Date filed
2/15/2022, 01:30 PM
Previous filing
Oct 27, 2021
Next filing
Feb 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPS Common stock Options Exercise $0 +10.3K +8.67% $0.00 128K Feb 14, 2022 Direct F1
transaction CPS Common stock Tax liability -$50.6K -3K -2.33% $16.88 125K Feb 14, 2022 Direct
holding CPS Common stock 13.2K Feb 14, 2022 By Trust 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 CPS Restricted Stock Units Options Exercise $0 -10.3K -100% $0.00* 0 Feb 14, 2022 Common stock 10.3K 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 such 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 Shares held by an irrevocable family trust for which the Reporting Person's spouse is a beneficiary. The Reporting Person disclaims beneficial ownership of the stock held by the trust except to the extent of his pecuniary interest therein.
F3 These are time-based restricted stock units (RSUs) granted to the reporting person on February 14, 2019, under Cooper-Standard Holdings Inc. 2017 Omnibus Incentive Plan.
F4 Subject to the reporting person's continued employment with the company or its affiliate, these RSUs shall vest and no longer be subject to forfeiture on the third anniversary date of the grant.