Under Power Shannon B. Quinn - 30 Jan 2025 Form 3 Insider Report for Cooper-Standard Holdings Inc. (CPS)

Signature
/s/ Denise Balog on behalf of Shannon B. Quinn, under power of attorney
Issuer symbol
CPS
Transactions as of
30 Jan 2025
Net transactions value
$0
Form type
3
Filing time
06 Feb 2025, 13:33:05 UTC
Next filing
14 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CPS Common stock 1,074 30 Jan 2025 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
holding CPS Restricted Stock Units 30 Jan 2025 Common stock 3,251 Direct F1, F2, F3
holding CPS Restricted Stock Units 30 Jan 2025 Common stock 4,676 Direct F3, F4, F5
holding CPS Performance Stock Units 30 Jan 2025 Common stock 4,876 Direct F6, F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These are time-based restricted stock units (RSUs) granted to the reporting person on March 1, 2023, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan.
F2 Subject to the reporting person's continued employment with the company or its affiliates through the applicable vesting date, one third of these RSUs shall vest and no longer be subject to forfeiture on each of the first three anniversaries of March 1, 2023
F3 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.
F4 These are restricted stock units (RSUs) granted to the reporting person on February 14, 2024, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan, as amended and restated.
F5 Subject to the reporting person's continued employment with the company or its affiliates through the applicable vesting date, one third of these RSUs shall vest and no longer be subject to forfeiture on each of the first three anniversaries of March 1, 2024.
F6 Represents performance-based stock units (PSUs) granted to the reporting person on March 1, 2023, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan which were deemed to have satisfied the portion of the performance vesting criteria applicable for the year ended December 31, 2023, as determined by the Company on February 14, 2024. The number of PSUs ultimately deemed to be earned for the grant made on March 1, 2023 will be determined following the end of the year ending December 31, 2024.
F7 Subject to the reporting person's continued employment with the company or its affiliates through December 31, 2024, these PSUs shall vest and no longer be subject to forfeiture and will settle at the time of the final determination of satisfaction of performance criteria for the remaining portion of the PSU, which remains subject to certain performance-based vesting conditions for the year ending December 31, 2024.
F8 The Company in its sole discretion settles such PSUs by delivering an amount of cash equal to the fair market value of a number of shares equal to the number of PSUs that have vested