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

Role: CTO and Chief Strategy Officer
Signature: /s/ Robert M. Loesch, by power of attorney
Issuer symbol: SRI
Transactions as of: 31 Dec 2022
Net transactions value: -$30,249
Form type: 4
Filing time: 03 Jan 2023, 12:57:09 UTC
Previous filing: 05 Jul 2022
Next filing: 10 Mar 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	+41%	$0.000000	16,849	31 Dec 2022	Direct
transaction	SRI	Common Shares, without par value	Tax liability	$30,249	-1,403	-8.3%	$21.56	15,446	31 Dec 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	-8.8%	$0.000000	50,887	31 Dec 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 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.