Laurent Borne - 09 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: 09 Mar 2023
Net transactions value: -$150,930
Form type: 4
Filing time: 10 Mar 2023, 15:58:14 UTC
Previous filing: 10 Mar 2023
Next filing: 15 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	+26,901	+152%	$0.000000	44,576	09 Mar 2023	Direct
transaction	SRI	Common Shares, without par value	Tax liability	$150,930	-7,740	-17%	$19.50	36,836	09 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	-26,901	-57%	$0.000000	20,615	09 Mar 2023	Common Shares, without par value	26,901		Direct	F1

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

Explanation of Responses:

Id	Content
F1	On March 9, 2020 the Reporting Person was granted 26,901 time-based Share Units under the Company's Long-Term Incentive Plan, which vested on March 9, 2023 and were paid on a one-for-one basis in Company Common Shares.