Patrick Clark - Feb 16, 2022 Form 4 Insider Report for Cooper-Standard Holdings Inc. (CPS)

Role
Senior Vice President, Chief Manufacturing and Commercial Officer
Signature
/s/ Denise Balog, on behalf of Patrick Clark, under Power of Attorney
Stock symbol
CPS
Transactions as of
Feb 16, 2022
Transactions value $
$0
Form type
4
Date filed
2/18/2022, 11:05 AM
Previous filing
Feb 15, 2022
Next filing
May 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPS Common stock Gift $0 -607 -100% $0.00* 0 Feb 17, 2022 Direct
transaction CPS Common stock Gift $0 +607 +9.55% $0.00 6.97K Feb 17, 2022 By Trust 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 +10.2K $0.00 10.2K Feb 16, 2022 Common stock 10.2K Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Revocable family trust for which Reporting Person is the sole trustee.
F2 These are time-based restricted stock units (RSUs) granted to the reporting person on February 16, 2022, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan.
F3 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.
F4 Subject to the reporting person's continued employment with the company or its affiliate through the applicable vesting date, one-third of the RSUs shall vest and no longer be subject to forfeiture on each of the first three anniversaries of March 1, 2022.

Remarks:

Senior Vice President, Chief Manufacturing and Commercial Officer