Dale Burks - 11 Oct 2021 Form 4 Insider Report for STANDARD MOTOR PRODUCTS, INC. (SMP)

Signature
/s/ Dale Burks
Issuer symbol
SMP
Transactions as of
11 Oct 2021
Net transactions value
-$76,172
Form type
4
Filing time
13 Oct 2021, 12:44:56 UTC
Previous filing
22 Sep 2021
Next filing
12 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMP Common Stock Award $0 +2,006 +3.7% $0.000000 55,736 11 Oct 2021 Direct F1
transaction SMP Common Stock Sale $76,172 -1,629 -2.9% $46.76 54,107 12 Oct 2021 Direct F2
holding SMP Common Stock 3,750 11 Oct 2021 See note F3
holding SMP Common Stock 4,519 11 Oct 2021 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares granted upon the vesting of a performance share award issued to the reporting person in October 2018 under the Company's Amended and Restated 2016 Omnibus Incentive Plan.
F2 This transaction was a broker-assisted sale of shares to cover the payment of withholding tax liability incurred upon the vesting of restricted stock and a performance share award issued to the reporting person in October 2018 under the Company's Amended and Restated 2016 Omnibus Incentive Plan. This transaction was executed in multiple trades at a price of $46.76. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares at which the transaction was effected. This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
F3 These shares are owned directly by DKB Family Holdings, LLC (the "Company"), and indirectly by the reporting person, who is an officer of the issuer and an officer and manager of the Company.
F4 ESOP shares beneficially owned. Allocations and/or dispositions may have occurred since the date of the reporting person's last ownership report.