4//SEC Filing
Schumacher Darren 4
Accession 0001209191-17-055600
CIK 0000903129other
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 11:33 AM ET
Size
5.6 KB
Accession
0001209191-17-055600
Insider Transaction Report
Form 4
GENTHERM IncTHRM
Schumacher Darren
VP Product Development
Transactions
- Award
Common Stock
2017-10-03+9,928→ 42,809 total
Footnotes (1)
- [F1]The shares represent Restricted Common Stock issued under the 2013 Equity Incentive Plan that have been granted to the Reporting Person. The Restricted Stock Award Agreement provides that the shares granted are subject to forfeiture if the Participant's employment with the Company terminates prior to the 18 month anniversary of the Grant Date (the "Vesting Date"). If the Participant remains employed by the Company through and including the Vesting Date, or if the Participant's employment with the Company is terminated prior to the Vesting Date without Cause or for Good Reason (each as defined in the Restricted Stock Award Agreements), then the shares granted shall immediately vest and no longer be subject to possible forfeiture; provided that, in the case of acceleration upon termination, the participant's right to receive such accelerated vesting is conditioned upon execution of a general release of claims, which becomes irrevocable, for the benefit of the Company.
Documents
Issuer
GENTHERM Inc
CIK 0000903129
Entity typeother
Related Parties
1- filerCIK 0001616248
Filing Metadata
- Form type
- 4
- Filed
- Oct 3, 8:00 PM ET
- Accepted
- Oct 4, 11:33 AM ET
- Size
- 5.6 KB