GENTHERM Inc 4
4 · GENTHERM Inc · Filed Feb 25, 2016
Insider Transaction Report
Form 4
GENTHERM IncTHRM
Ascher Erin Erwine
VP Talent Devlopment CHRO
Transactions
- Award
Common Stock
2016-02-24$40.64/sh+10,000$406,400→ 12,609 total - Award
Option to Purchase Common Stock
2016-02-24+30,000→ 30,000 totalExercise: $40.64From: 2017-02-24Exp: 2023-02-24→ Common Stock (30,000 underlying)
Footnotes (3)
- [F1]The shares represent Restricted Common Stock issued under the 2013 Equity Incentive Plan that have been granted to the Reporting Person. The shares vest in three portions; 3,334 on February 24,2017, 3,333 on February 24, 2018,and 3,333 on February 24,2019.
- [F2]Purchase option shares become exercisable in four installments; 7,500 shares on February 24, 2017, 7,500 shares on February 24, 2018, 7,500 shares on February 24, 2019, and 7,500 shares on February 24, 2020.
- [F3]The amount represents the total number of derivative securities Benefically Owned of the class shown (i.e. the same exercise price and expiration date). The Reporting Person owns a total of 70,000 Options to Purchase Common Stock of varying classes (i.e. varying exercise prices and expiration dates).