Benedict Susan C. 4
4 · STONERIDGE INC · Filed Sep 15, 2023
Insider Transaction Report
Form 4
Benedict Susan C.
CHRO and Assistant GC
Transactions
- Exercise/Conversion
Share Units
2023-09-13−4,835→ 17,812 total→ Common Shares, without par value (4,835 underlying) - Exercise/Conversion
Common Shares, without par value
2023-09-13+4,835→ 9,121 total - Tax Payment
Common Shares, without par value
2023-09-13$18.67/sh−1,373$25,634→ 7,748 total
Holdings
- 29,103
Phantom Shares
From: 2025-06-20Exp: 2025-06-20→ Common Shares, without par value (29,103 underlying)
Footnotes (2)
- [F1]On September 13, 2021, the Reporting Person was granted 4,835 time-based Share Units pursuant to the Company's Long-Term Incentive Plan, which vested on September 13, 2023, and were paid on a one-for-one basis in Company Common Shares. The remaining Share Units granted to the Reporting Person pursuant to the Company's Long-Term Incentive Plan are payable on a one-for-one basis in Company Common Shares if the Reporting Person remains employed on the dates specified in the various grant agreements.
- [F2]Phantom Shares granted to the Reporting Person pursuant to the Company's Long-Term Incentive Plan. Each Phantom Share is the economic equivalent of one Company Common Share and will be paid in cash equal to the fair market value of one Company Common Share if the Reporting Person remains employed on June 20, 2025.