GENTHERM Inc 4
4 · GENTHERM Inc · Filed Feb 23, 2017
Insider Transaction Report
Form 4
GENTHERM IncTHRM
Ascher Erin Erwine
VP Talent Devlopment CHRO
Transactions
- Award
Common Stock
2017-02-22+15,000→ 27,009 total - Award
Option to Purchase Common Stock
2017-02-22+45,000→ 45,000 totalExercise: $38.05From: 2018-02-22Exp: 2024-02-22→ Common Stock (45,000 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 four portions; 3,750 on February 22, 2018,and 3,750 on February 22,2019, 3,750 on February 22,2020 and 3,750 on February 22, 2021.
- [F2]Purchase option shares become exercisable in five installments; 9,000 shares on February 22, 2018, 9,000 shares on February 22, 2019, 9,000 shares on February 22, 2020, 9,000 shares on February 22, 2021 and 9,000 shares on February 22, 2022.
- [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 115,000 Options to Purchase Common Stock of varying classes (i.e. varying exercise prices and expiration dates).