Amy B. Kulikowski - Jul 11, 2022 Form 4 Insider Report for Cooper-Standard Holdings Inc. (CPS)

Signature
/s/ Denise Balog, on behalf of Amy B. Kulikowski under power of attorney
Stock symbol
CPS
Transactions as of
Jul 11, 2022
Transactions value $
$0
Form type
4
Date filed
7/12/2022, 09:12 AM
Next filing
Feb 16, 2023

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 +3.88K $0.00 3.88K Jul 11, 2022 Common stock 3.88K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These are time-based restricted stock units (RSUs) granted to the reporting person on July 11, 2022 (Date of Grant), under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan.
F2 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.
F3 Subject to the reporting person's continued employment with the company or its affiliates through the applicable vesting date, one third of these RSUs shall vest and no longer be subject to forfeiture on each of the first three anniversaries of the Date of Grant.