Cooper-Standard Holdings Inc. 4
4 · Cooper-Standard Holdings Inc. · Filed May 23, 2016
Insider Transaction Report
Form 4
AUGUST GLENN R
Director10% OwnerOther
Transactions
- Award
Restricted Stock Units
2016-05-19+0→ 1,256 totalExercise: $85.02From: 2017-05-19Exp: 2017-05-19→ Common stock (0 underlying)
Footnotes (2)
- [F1]These are time-based restricted stock units (RSU) that will vest, assuming continued service as a director, on the earlier of the first annual shareholder meeting after the grant date or May 19, 2017. Each RSU represents a contingent right to receive, at the issuer's option, either one share of common stock or the cash equivalent upon satisfaction of the vesting requirements. Pursuant to a Settlement Deferral Election executed by the Reporting Person, units will be payable in common stock on the date the Reporting Person ceases to be a member of the Board of Directors.
- [F2]Pursuant to the policies of Oak Hill Advisors, L.P. (the "Advisors"), the restricted stock units received by the reporting person are held for the benefit of certain clients of Advisor.