Kased Rajaey 4
4 · STONERIDGE INC · Filed Mar 11, 2024
Insider Transaction Report
Form 4
Kased Rajaey
President Control Devices
Transactions
- Exercise/Conversion
Share Units
2024-03-08−2,112→ 8,307 total→ Common Shares, without par value (2,112 underlying) - Exercise/Conversion
Common Shares, without par value
2024-03-08+2,112→ 6,795 total - Sale
Common Shares, without par value
2024-03-08$16.85/sh−1,032$17,389→ 5,763 total
Holdings
- 14,551
Phantom Shares
→ Common Shares, without par value (14,551 underlying)
Footnotes (2)
- [F1]On March 8, 2021 the Reporting Person was granted 2,112 Share Units pursuant to the Company's Long-Term Incentive Plan which vested on March 8, 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.