Somasundhar Venkatasubramanian Under Power-Of - 20 Sep 2024 Form 4 Insider Report for Cooper-Standard Holdings Inc. (CPS)

Role
Senior Vice President, Chief Information Technology Officer
Signature
/s/ Denise Balog, on behalf of Somasundhar Venkatasubramanian under power-of-attorney
Issuer symbol
CPS
Transactions as of
20 Sep 2024
Net transactions value
-$19,384
Form type
4
Filing time
23 Sep 2024, 07:21:51 UTC
Previous filing
05 Mar 2024
Next filing
14 Feb 2025
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 +5,027 +70% 12,242 20 Sep 2024 Direct F1
transaction CPS Common stock Tax liability $19,384 -1,438 -12% $13.48 10,804 20 Sep 2024 Direct

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 -5,027 -100% $0.000000 0 20 Sep 2024 Common stock 5,027 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 making 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.
F2 These are restricted stock units (RSUs) granted to the reporting person on September 20, 2021, under Cooper-Standard Holdings Inc. 2021 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 Information Technology Officer