Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CPS | Common stock | Options Exercise | +20.4K | +14.29% | 163K | Feb 16, 2024 | Direct | F1 | ||
transaction | CPS | Common stock | Tax liability | -$76.1K | -5.37K | -3.3% | $14.16 | 158K | Feb 16, 2024 | Direct | |
holding | CPS | Common stock | 13.2K | Feb 16, 2024 | By Trust | F2 | |||||
holding | CPS | Common stock | 22.9K | Feb 16, 2024 | By Living Trust | F3 |
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 | -20.4K | -100% | $0.00* | 0 | Feb 16, 2024 | Common stock | 20.4K | Direct | F1, F4, F5 |
Id | Content |
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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 RSUs 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 RSUs that have vested. |
F2 | Shares held by an irrevocable family trust for which the Reporting Person's spouse is a beneficiary. The Reporting Person disclaims beneficial ownership of the stock held by the trust except to the extent of his pecuniary interest therein. |
F3 | Shares held by a revocable living trust for which Reporting Person is the sole trustee. |
F4 | These are time-based restricted stock units (RSUs) granted to the reporting person on February 16, 2021, under Cooper-Standard Holdings Inc. 2017 Omnibus Incentive Plan. |
F5 | Subject to the reporting person's continued employment with the company or its affiliate, these RSUs shall vest and no longer be subject to forfeiture on the third-anniversary date of the grant. |