Christopher Couch - 13 Feb 2023 Form 4 Insider Report for Cooper-Standard Holdings Inc. (CPS)

Role
Senior Vice President, Chief Technology Officer
Signature
/s/ Denise Balog, on behalf of Christopher Couch under Power of Attorney
Issuer symbol
CPS
Transactions as of
13 Feb 2023
Net transactions value
-$34,519
Form type
4
Filing time
15 Feb 2023, 12:06:17 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 +1,985 +69% 4,857 13 Feb 2023 Direct F1
transaction CPS Common stock Disposed to Issuer $34,519 -1,985 -41% $17.39 2,872 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 -1,985 -100% $0.000000* 0 13 Feb 2023 Common stock 1,985 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 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 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.

Remarks:

Senior Vice President, Chief Technology Officer