Laurent Borne - Dec 31, 2022 Form 4 Insider Report for STONERIDGE INC (SRI)

Role: CTO and Chief Strategy Officer
Signature: /s/ Robert M. Loesch, by power of attorney
Stock symbol: SRI
Transactions as of: Dec 31, 2022
Transactions value $: -$30,249
Form type: 4
Date filed: 1/3/2023, 12:57 PM
Previous filing: Jul 5, 2022
Next filing: Mar 10, 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	+41.11%	$0.00	16.8K	Dec 31, 2022	Direct
transaction	SRI	Common Shares, without par value	Tax liability	-$30.2K	-1.4K	-8.33%	$21.56	15.4K	Dec 31, 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	-8.8%	$0.00	50.9K	Dec 31, 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 December 31, 2022, 50% of the Share 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. The other 50% of the Share Units previously vested on July 1, 2022.