Majdi Abulaban - 02 Mar 2022 Form 4 Insider Report for SUPERIOR INDUSTRIES INTERNATIONAL INC (SUP)

Role
CEO
Signature
/s/ Joanne Finnorn as Attorney-in-Fact
Issuer symbol
SUP
Transactions as of
02 Mar 2022
Net transactions value
-$164,059
Form type
4
Filing time
04 Mar 2022, 13:54:50 UTC
Previous filing
02 Mar 2022
Next filing
05 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUP Common Stock Options Exercise $0 +81,799 +8.4% $0.000000 1,050,082 03 Mar 2022 Direct
transaction SUP Common Stock Tax liability $164,059 -35,665 -3.4% $4.60 1,014,417 03 Mar 2022 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
transaction SUP Restricted Stock Unit Award $0 +198,598 +62% $0.000000 519,604 02 Mar 2022 Common Stock 198,598 Direct F2, F3
transaction SUP Restricted Stock Unit Options Exercise $0 -81,799 -16% $0.000000 437,805 03 Mar 2022 Common Stock 81,799 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Each restricted stock unit represents a contingent right to receive one share of common stock of Superior Industries International, Inc.
F3 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.