Michael Hatzfeld - 28 Feb 2022 Form 4 Insider Report for SUPERIOR INDUSTRIES INTERNATIONAL INC (SUP)

Signature
/s/ Joanne Finnorn, Attorney-in-Fact
Issuer symbol
SUP
Transactions as of
28 Feb 2022
Net transactions value
-$9,785
Form type
4
Filing time
02 Mar 2022, 14:51:46 UTC
Next filing
08 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUP Common Stock Award $0 +7,636 +408% $0.000000 9,508 28 Feb 2022 Direct F1
transaction SUP Common Stock Tax liability $8,252 -2,116 -22% $3.90 7,392 28 Feb 2022 Direct F2
transaction SUP Common Stock Options Exercise $0 +1,417 +19% $0.000000 8,809 28 Feb 2022 Direct
transaction SUP Common Stock Tax liability $1,533 -393 -4.5% $3.90 8,416 28 Feb 2022 Direct F2

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 SUP Restricted Stock Unit Options Exercise $0 -1,417 -100% $0.000000* 0 28 Feb 2022 Common Stock 1,417 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired upon settlement of performance-based restricted stock units relating to the three-year performance period ending December 31, 2021, which were granted under the 2018 Equity Incentive Plan.
F2 These shares were withheld solely for the purpose of paying taxes due upon the vesting and settlement of restricted stock units that were granted to the Reporting Person under the Company's 2018 Equity Incentive Plan.
F3 Each restricted stock unit represents a contingent right to receive one share of common stock of Superior Industries International, Inc.
F4 The restricted stock units vest and settle in stock in three approximately equal installments on each of the first three anniversaries of the grant date.