Laurent Borne - 01 Jul 2022 Form 4 Insider Report for STONERIDGE INC (SRI)

Role: CTO and Chief Strategy Officer
Signature: /s/ Robert M. Loesch, by POA
Issuer symbol: SRI
Transactions as of: 01 Jul 2022
Net transactions value: -$24,384
Form type: 4
Filing time: 05 Jul 2022, 16:50:44 UTC
Previous filing: 16 Mar 2022
Next filing: 03 Jan 2023
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	+4,909	+58%	$0.000000	13,343	01 Jul 2022	Direct
transaction	SRI	Common Shares, without par value	Tax liability	$24,384	-1,403	-11%	$17.38	11,940	01 Jul 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	-4,909	-8.1%	$0.000000	55,796	01 Jul 2022	Common Shares, without par value	4,909		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.