Adriana E. Macouzet Flores - May 19, 2022 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 19, 2022
Transactions value $
-$2,912
Form type
4
Date filed
5/23/2022, 03:10 PM
Previous filing
May 24, 2021
Next filing
May 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPS Common stock Options Exercise +4.05K +31.91% 16.8K May 19, 2022 Direct F1
transaction CPS Common stock Tax liability -$2.91K -608 -3.63% $4.79 16.1K May 19, 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 Award $0 +19.8K $0.00 19.8K May 19, 2022 Common stock 19.8K Direct F1, F2, F3
transaction CPS Restricted Stock Units Options Exercise $0 -4.05K -100% $0.00* 0 May 19, 2022 Common stock 4.05K 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 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.
F2 These are time-based restricted stock units (RSUs) granted to the reporting person on May 19, 2022, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan.
F3 Subject to the reporting person's continued service as a director, these RSU's 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 restricted stock units (RSUs) granted to the reporting person on May 20, 2021, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan.