Jonathan P. Banas - 13 Feb 2023 Form 4 Insider Report for Cooper-Standard Holdings Inc. (CPS)

Role: EVP and CFO
Signature: /s/ Denise Balog, on behalf of Jonathan P. Banas under power of attorney
Issuer symbol: CPS
Transactions as of: 13 Feb 2023
Net transactions value: -$86,985
Form type: 4
Filing time: 15 Feb 2023, 12:05:58 UTC
Previous filing: 18 Feb 2022
Next filing: 16 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		+5,002	+100%		10,018	13 Feb 2023	Direct	F1
transaction	CPS	Common stock	Disposed to Issuer	$86,985	-5,002	-50%	$17.39	5,016	13 Feb 2023	Direct	F1

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	-5,002	-100%	$0.000000^*	0	13 Feb 2023	Common stock	5,002		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 settles such RSUs 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 RSUs that have vested.
F2	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.
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.