Majdi Abulaban - Mar 2, 2023 Form 4 Insider Report for SUPERIOR INDUSTRIES INTERNATIONAL INC (SUP)

Role
Chief Executive Officer, Director
Signature
/s/ David M Sherbin, Attorney-in-Fact
Stock symbol
SUP
Transactions as of
Mar 2, 2023
Transactions value $
-$1,984,922
Form type
4
Date filed
3/6/2023, 03:16 PM
Previous filing
May 27, 2022
Next filing
May 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUP Common Stock Options Exercise $0 +52.5K +5.03% $0.00 1.1M Mar 2, 2023 Direct
transaction SUP Common Stock Tax liability -$136K -22.9K -2.09% $5.94 1.07M Mar 2, 2023 Direct F1
transaction SUP Common Stock Options Exercise $0 +66.2K +6.17% $0.00 1.14M Mar 2, 2023 Direct
transaction SUP Common Stock Tax liability -$171K -28.9K -2.53% $5.94 1.11M Mar 2, 2023 Direct F1
transaction SUP Common Stock Options Exercise $0 +81.8K +7.36% $0.00 1.19M Mar 3, 2023 Direct
transaction SUP Common Stock Tax liability -$240K -35.7K -2.99% $6.74 1.16M Mar 3, 2023 Direct F1
transaction SUP Common Stock Award $0 +489K +42.27% $0.00 1.65M Mar 3, 2023 Direct F2
transaction SUP Common Stock Tax liability -$1.44M -213K -12.95% $6.74 1.43M Mar 3, 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
transaction SUP Restricted Stock Unit Options Exercise $0 -52.5K -13.62% $0.00 333K Mar 2, 2023 Common Stock 52.5K Direct F3, F4
transaction SUP Restricted Stock Unit Options Exercise $0 -66.2K -19.89% $0.00 267K Mar 2, 2023 Common Stock 66.2K Direct F3, F5
transaction SUP Restricted Stock Unit Options Exercise $0 -81.8K -30.67% $0.00 185K Mar 3, 2023 Common Stock 81.8K Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld for the payment of taxes due upon the settlement of restricted stock units granted to the Reporting Person under the Company's 2018 Equity Incentive Plan.
F2 Shares acquired upon settlement of performance-based restricted stock units relating to the three-year performance period ending December 31, 2022, granted under the 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 ratably in three equal installments on May 25, 2022, March 2, 2023 and March 2, 2024.
F5 The restricted stock units vest ratably in three equal installments on March 2, 2023, March 2, 2024 and March 2, 2025.
F6 The restricted stock units vest ratably in three equal installments on March 3, 2021, March 3, 2022 and March 3, 2023.