Rajaey Kased - Aug 30, 2023 Form 4 Insider Report for STONERIDGE INC (SRI)

Role
President Control Devices
Signature
/s/ Robert M. Loesch, by power of attorney
Stock symbol
SRI
Transactions as of
Aug 30, 2023
Transactions value $
$50,803
Form type
4
Date filed
8/30/2023, 05:32 PM
Previous filing
Jun 22, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SRI Common Shares, without par value Purchase $50.8K +2.53K +139.66% $20.12 4.33K Aug 30, 2023 Direct F1

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 10.9K Aug 30, 2023 Common Shares, without par value 10.9K Direct F2
holding SRI Phantom Shares 14.6K Aug 30, 2023 Common Shares, without par value 14.6K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. The Common Shares of Stoneridge, Inc. were purchased in multiple transactions on Aug. 30, 2023 at prices ranging from $20.5 to $20.16, inclusive. The Reporting Person undertakes to provide Stoneridge, Inc., any shareholder of Stoneridge, Inc or the SEC Staff, upon request, full information of the number of shares purchased at each price within the range.
F2 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 the date specified under the various grant agreements.
F3 Phantom Shares granted to the Reporting Person pursuant to the Company's Long-Term Incentive Plan. Each Phantom Share is the economic equivalent of one Company Common Share and will be paid in cash equal to the fair market value of one Company Common Share if the Reporting Person remains employed on June 20, 2025.