4//SEC Filing
Orsini Salvatore D. 4
Accession 0001043337-25-000014
CIK 0001043337other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 1:56 PM ET
Size
272.6 KB
Accession
0001043337-25-000014
Insider Transaction Report
Form 4
Orsini Salvatore D.
Chief Procurement Officer
Transactions
- Exercise/Conversion
Phantom Shares
2025-02-28−11,641→ 0 totalFrom: 2025-06-20Exp: 2025-06-20→ Common Shares, without par value (11,641 underlying) - Disposition to Issuer
Common Shares, without par value
2025-02-28−11,641→ 0 total - Award
Common Shares, without par value
2025-02-28+5,101→ 9,276 total - Tax Payment
Common Shares, without par value
2025-02-28$5.62/sh−3,144$17,669→ 6,132 total - Exercise/Conversion
Share Units
2025-02-28−8,981→ 0 total→ Common Shares, without par value (8,981 underlying) - Exercise/Conversion
Common Shares, without par value
2025-02-28+4,175→ 4,175 total - Exercise/Conversion
Common Shares, without par value
2025-02-28+11,641→ 11,641 total
Footnotes (5)
- [F1]Each phantom share was the economic equivalent of one Company common share. The reporting person received cash for each phantom share.
- [F2]4,806 Share Units were forfeited to the Company on February 28, 2025.
- [F3]Vesting of Performance Shares in connection with the Reporting Person's termination of employment on February 28, 2025 pursuant to grants of Performance Shares made to the Reporting Person on March 11, 2024 and March 13, 2023 under the Company's Long-Term Incentive Plan, payable upon a one-for-one basis in Company Common Shares.
- [F4]Each Phantom Share is the economic equivalent of one Company Common Share and was paid in cash equal to the fair market value of one Company Common Share upon the Reporting Person's termination of employment on February 28, 2025.
- [F5]Share Units granted to the Reporting Person pursuant to the Company's Long-Term Incentive Plan payable on a one-for-one basis in Company common shares if the Reporting Person remains employed on the third anniversary of the date of grant. The Board's Compensation Committee accelerated vesting of 4,175 Shares Units to February 28, 2025, in connection with the Reporting Person's termination of employment.
Issuer
STONERIDGE INC
CIK 0001043337
Entity typeother
Related Parties
1- filerCIK 0001937828
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 1:56 PM ET
- Size
- 272.6 KB