Salvatore D. Orsini - Jun 20, 2023 Form 4 Insider Report for STONERIDGE INC (SRI)

Role
Chief Procurement Officer
Signature
/s/ Robert M. Loesch, by power of attorney
Stock symbol
SRI
Transactions as of
Jun 20, 2023
Transactions value $
$0
Form type
4
Date filed
6/22/2023, 04:53 PM
Previous filing
Mar 15, 2023
Next filing
Mar 13, 2024

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 Phantom Shares Award $0 +11.6K $0.00 11.6K Jun 20, 2023 Common Shares, without par value 11.6K Direct F2
holding SRI Share Units 4.3K Jun 20, 2023 Common Shares, without par value 4.3K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Share Units granted to the Reporting Person pursuant to the Company's Long-Term Incentive Plan payable on a one-for-one basis in Company Common Shares if the Reporting Person remains employed on March 2, 2026.
F2 Each Phantom Share is the economic equivalent of one Company Common Share and will paid paid in cash equal to the fair market value of one Company Common Share if the Reporting Person remains employed on June 20, 2025