Christopher Couch - 14 Feb 2022 Form 4 Insider Report for Cooper-Standard Holdings Inc. (CPS)

Role
Senior Vice President, Chief Technology and Procurement Officer
Signature
/s/ Denise Balog, on behalf of Christopher Couch under Power of Attorney
Issuer symbol
CPS
Transactions as of
14 Feb 2022
Net transactions value
-$4,642
Form type
4
Filing time
15 Feb 2022, 13:32:00 UTC
Previous filing
08 Nov 2021
Next filing
18 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPS Common stock Options Exercise $0 +810 +35% $0.000000 3,147 14 Feb 2022 Direct F1
transaction CPS Common stock Tax liability $4,642 -275 -8.7% $16.88 2,872 14 Feb 2022 Direct

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 -810 -100% $0.000000* 0 14 Feb 2022 Common stock 810 Direct F1, F2, F3
* 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 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.
F3 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.

Remarks:

Senior Vice President, Chief Technology and Procurement Officer