Joanna M. Totsky - 01 Jul 2022 Form 4 Insider Report for Cooper-Standard Holdings Inc. (CPS)

Role
Senior Vice President, Chief Legal Officer and Secretary
Signature
/s/ Denise Balog, on behalf of Joanna M. Totsky under power-of-attorney
Issuer symbol
CPS
Transactions as of
01 Jul 2022
Net transactions value
-$2,407
Form type
4
Filing time
05 Jul 2022, 11:27:45 UTC
Previous filing
18 Feb 2022
Next filing
15 Feb 2023
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 +1,650 +61% 4,339 01 Jul 2022 Direct F1
transaction CPS Common stock Tax liability $2,407 -472 -11% $5.10 3,867 01 Jul 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 -1,650 -100% $0.000000* 0 01 Jul 2022 Common stock 1,650 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 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 July 1, 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 RSU's shall vest and no longer be subject to forfeiture on the third anniversary date of the grant.

Remarks:

Senior Vice President, Chief Legal Officer and Secretary