Robert J. Hartman Jr. - Mar 4, 2022 Form 4 Insider Report for STONERIDGE INC (SRI)

Role
Chief Accounting Officer
Signature
/s/ Robert M. Loesch, by power of attorney
Stock symbol
SRI
Transactions as of
Mar 4, 2022
Transactions value $
-$10,331
Form type
4
Date filed
3/8/2022, 11:25 AM
Previous filing
Nov 15, 2021
Next filing
Mar 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SRI Common Shares, without par value Options Exercise $0 +1.61K +5.36% $0.00 31.6K Mar 4, 2022 Direct
transaction SRI Common Shares, without par value Tax liability -$10.3K -542 -1.71% $19.06 31.1K Mar 4, 2022 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 SRI Share Units Options Exercise $0 -1.61K -33.72% $0.00 3.16K Mar 4, 2021 Common Shares, without par value 1.61K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 4, 2019 the Reporting Person was granted time-based Share Units pursuant to the Company's Long-Term Incentive Plan. On March 4,2022, 1,607 time-based Share Units under the 2019 grant vested and were paid on a one-for-one basis in Company Common Shares.
F2 Represents Share Units granted to the Reporting Person pursuant to the Company's Long-Term Incentive Plan in 2020 and 2021 which vest and will be paid on a one-for-one basis in Company Common Shares if the Reporting Person remains employed on the third anniversary from the dates of grant, as applicable.