Laurent Borne - 08 Mar 2023 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: 08 Mar 2023
Net transactions value: -$22,817
Form type: 4
Filing time: 10 Mar 2023, 15:06:00 UTC
Previous filing: 03 Jan 2023
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	+3,371	+22%	$0.000000	18,817	08 Mar 2023	Direct
transaction	SRI	Common Shares, without par value	Tax liability	$22,817	-1,142	-6.1%	$19.98	17,675	08 Mar 2023	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	-3,371	-6.6%	$0.000000	47,516	08 Mar 2023	Common Shares, without par value	3,371		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On March 8, 2021 the Reporting Person was granted time-based Share Units pursuant to the Company's Long-Term Incentive Plan. On March 8, 2023, 3,371 time-based Share Units under the March 8, 2021 grant vested and were paid on a one-for-one basis in Company Common Shares.