Laurent Borne - Jul 1, 2022 Form 4 Insider Report for STONERIDGE INC (SRI)

Signature
/s/ Robert M. Loesch, by POA
Stock symbol
SRI
Transactions as of
Jul 1, 2022
Transactions value $
-$24,384
Form type
4
Date filed
7/5/2022, 04:50 PM
Previous filing
Mar 16, 2022
Next filing
Jan 3, 2023

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 +4.91K +58.2% $0.00 13.3K Jul 1, 2022 Direct
transaction SRI Common Shares, without par value Tax liability -$24.4K -1.4K -10.51% $17.38 11.9K Jul 1, 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 -4.91K -8.09% $0.00 55.8K Jul 1, 2022 Common Shares, without par value 4.91K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 14, 2022 the Reporting Person was granted 9,818 time-based Share Units under the Company's Long-Term Incentive Plan. On July 1, 2022, 50% of the Shares Units (or 4,909 Share Units) of the January 14, 2022 grant vested and were paid on a one-for-one basis in Company Common Shares.