Robert J. Hartman Jr. - 04 Mar 2022 Form 4 Insider Report for STONERIDGE INC (SRI)

Role: Chief Accounting Officer
Signature: /s/ Robert M. Loesch, by power of attorney
Issuer symbol: SRI
Transactions as of: 04 Mar 2022
Net transactions value: -$10,331
Form type: 4
Filing time: 08 Mar 2022, 11:25:02 UTC
Previous filing: 15 Nov 2021
Next filing: 16 Mar 2022
SEC: View on sec.gov

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	+1,607	+5.4%	$0.000000	31,607	04 Mar 2022	Direct
transaction	SRI	Common Shares, without par value	Tax liability	$10,331	-542	-1.7%	$19.06	31,065	04 Mar 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	-1,607	-34%	$0.000000	3,159	04 Mar 2021	Common Shares, without par value	1,607		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.