Rajaey Kased - Jan 30, 2023 Form 3 Insider Report for STONERIDGE INC (SRI)

Signature
/s/ Robert M. Loesch, by POA
Stock symbol
SRI
Transactions as of
Jan 30, 2023
Transactions value $
$0
Form type
3
Date filed
2/9/2023, 04:49 PM
Next filing
Mar 10, 2023

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
holding SRI Share Units Jan 30, 2023 Common Shares, without par value 9.68K $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reported Person, prior to becoming a Reporting Person, was granted Share Units under the Company's Long-Term Incentive Plan on March 9, 2020 (2,735 Share Units vesting on March 9, 2023), March 8, 2021 (2,112 Share Units vesting on March 8, 2024) and March 14, 2022 (528 Share Units vesting March 1, 2024 and 4,306 Shares Units vesting March 3, 2025). In order for the Share Units to vest the Reporting Person must remained employed by the Company until the vesting date and when vested will be paid on a one-for-one basis in Company Common Shares.