Patrick Clark - Feb 13, 2023 Form 4 Insider Report for Cooper-Standard Holdings Inc. (CPS)

Role
Senior Vice President and Managing Director - Global Automotive
Signature
/s/ Denise Balog, on behalf of Patrick Clark, under Power of Attorney
Stock symbol
CPS
Transactions as of
Feb 13, 2023
Transactions value $
-$34,519
Form type
4
Date filed
2/15/2023, 12:04 PM
Previous filing
May 11, 2022
Next filing
Feb 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPS Common stock Options Exercise +1.99K 1.99K Feb 13, 2023 Direct F1
transaction CPS Common stock Disposed to Issuer -$34.5K -1.99K -100% $17.39 0 Feb 13, 2023 Direct F1
holding CPS Common stock 9.97K Feb 13, 2023 By Trust 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 -1.99K -100% $0.00* 0 Feb 13, 2023 Common stock 1.99K 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 settles such RSU's by delivering 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 Revocable family trust for which Reporting Person is the sole trustee.
F3 These are time-based restricted stock units (RSUs) granted to the reporting person on February 13, 2020, under Cooper-Standard Holdings Inc. 2017 Omnibus Incentive Plan.
F4 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 and Managing Director - Global Automotive