Majdi Abulaban - 02 Mar 2024 Form 4 Insider Report for SUPERIOR INDUSTRIES INTERNATIONAL INC (SUP)

Role
Chief Executive Officer, Director
Signature
/s/ David M Sherbin, Attorney-in-Fact
Issuer symbol
SUP
Transactions as of
02 Mar 2024
Net transactions value
-$655,833
Form type
4
Filing time
05 Mar 2024, 09:54:17 UTC
Previous filing
23 May 2023
Next filing
02 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUP Common Stock Options Exercise $0 +52,469 +3.7% $0.000000 1,485,375 02 Mar 2024 Direct
transaction SUP Common Stock Tax liability $79,383 -22,877 -1.5% $3.47 1,462,498 02 Mar 2024 Direct F1
transaction SUP Common Stock Options Exercise $0 +66,200 +4.5% $0.000000 1,528,698 02 Mar 2024 Direct
transaction SUP Common Stock Tax liability $100,158 -28,864 -1.9% $3.47 1,499,834 02 Mar 2024 Direct F1
transaction SUP Common Stock Award $0 +314,816 +21% $0.000000 1,814,650 02 Mar 2024 Direct F2
transaction SUP Common Stock Tax liability $476,292 -137,260 -7.6% $3.47 1,677,390 02 Mar 2024 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 -52,469 -14% $0.000000 334,012 02 Mar 2024 Common Stock 52,469 Direct F3, F4
transaction SUP Restricted Stock Unit Options Exercise $0 -66,200 -20% $0.000000 267,812 02 Mar 2024 Common Stock 66,200 Direct F3, F5
* 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, 2023, 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.