Kased Rajaey 4
4 · STONERIDGE INC · Filed Mar 5, 2024
Insider Transaction Report
Form 4
Kased Rajaey
President Control Devices
Transactions
- Exercise/Conversion
Common Shares, without par value
2024-03-01+528→ 4,861 total - Tax Payment
Common Shares, without par value
2024-03-01$17.66/sh−178$3,143→ 4,683 total - Exercise/Conversion
Share Units
2024-03-01−528→ 10,419 total→ Common Shares, without par value (528 underlying)
Holdings
- 14,551
Phantom Shares
→ Common Shares, without par value (14,551 underlying)
Footnotes (2)
- [F1]On March 14, 2022 the Reporting Person was granted Share Units pursuant to the Company's Long-Term Incentive Plan, of which 528 vested on March 1, 2024 and were paid on a one-for-one basis in Company Common Shares. The remaining Share Units will vest if the Reporting Person remains employed on the date specified under 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.