JUSTIN E. MIRRO - 19 May 2022 Form 4 Insider Report for Cooper-Standard Holdings Inc. (CPS)

Role
Director
Signature
/s/ Denise Balog, on behalf of Justin E. Mirro under power of attorney
Issuer symbol
CPS
Transactions as of
19 May 2022
Net transactions value
$0
Form type
4
Filing time
23 May 2022, 15:04:05 UTC
Previous filing
01 Mar 2022
Next filing
16 Sep 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 +910 +9.5% 10,451 19 May 2022 Direct F1, F2
transaction CPS Common stock Options Exercise +956 +9.1% 11,407 19 May 2022 Direct F1, F2
transaction CPS Common stock Options Exercise +2,596 +23% 14,003 19 May 2022 Direct F1, F2
transaction CPS Common stock Options Exercise +12,699 +91% 26,702 19 May 2022 Direct F1, F2
transaction CPS Common stock Options Exercise +4,052 +15% 30,754 19 May 2022 Direct F1, 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 -910 -100% $0.000000* 0 19 May 2022 Common stock 910 Direct F1, F2, F3, F4
transaction CPS Restricted Stock Units Options Exercise $0 -956 -100% $0.000000* 0 19 May 2022 Common stock 956 Direct F1, F2, F4, F5
transaction CPS Restricted Stock Units Options Exercise $0 -2,596 -100% $0.000000* 0 19 May 2022 Common stock 2,596 Direct F1, F2, F4, F6
transaction CPS Restricted Stock Units Options Exercise $0 -12,699 -100% $0.000000* 0 19 May 2022 Common stock 12,699 Direct F1, F2, F4, F7
transaction CPS Restricted Stock Units Options Exercise $0 -4,052 -100% $0.000000* 0 19 May 2022 Common stock 4,052 Direct F1, F2, F4, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

JUSTIN E. MIRRO is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Following the end of the director's term, the RSUs were settled into shares of common stock pursuant to the director's deferral election.
F2 The company, in its sole discretion, settles such RSU's 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 RSU's 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 RSU's that have vested.
F3 These are time-based restricted stock units (RSUs) granted to the reporting person on May 18, 2017, under Cooper-Standard Holdings Inc. 2017 Omnibus Incentive Plan.
F4 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.
F5 These are time-based restricted stock units (RSUs) granted to the reporting person on May 17, 2018, under Cooper-Standard Holdings Inc. 2017 Omnibus Incentive Plan.
F6 These are time-based restricted stock units (RSUs) granted to the reporting person on May 16, 2019, under Cooper-Standard Holdings Inc. 2017 Omnibus Incentive Plan.
F7 These are time-based restricted stock units (RSUs) granted to the reporting person on May 21, 2020, under Cooper-Standard Holdings Inc. 2017 Omnibus Incentive Plan.
F8 These are time-based restricted stock units (RSUs) granted to the reporting person on May 20, 2021, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan.