REMENAR ROBERT J 4
4 · Cooper-Standard Holdings Inc. · Filed May 23, 2022
Insider Transaction Report
Form 4
REMENAR ROBERT J
Director
Transactions
- Exercise/Conversion
Common stock
2022-05-19+4,052→ 26,754 total - Award
Restricted Stock Units
2022-05-19+19,802→ 19,802 total→ Common stock (19,802 underlying) - Exercise/Conversion
Restricted Stock Units
2022-05-19−4,052→ 0 total→ Common stock (4,052 underlying)
Holdings
- 821(indirect: By Spouse)
Common stock
Footnotes (4)
- [F1]The company, in its sole discretion, settles such RSU's by electing either to (i) make an appropriate book entry in the reporting person's name for a number of shares equal to the number of RSU's that have vested or (ii) deliver an amount of cash equal to the fair market value, determined as of the vesting date, of a number of shares equal to the number of RSU's that have vested.
- [F2]These are time-based restricted stock units (RSUs) granted to the reporting person on May 19, 2022, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan.
- [F3]Subject to the reporting person's continued service as a director, these RSU's vest and are no longer subject to forfeiture on the earlier of the first anniversary of the grant date or the date of the first annual shareholders meeting of the company that occurs after the grant date, subject to the director's deferral election, if applicable. Each RSU represents a contingent right to receive, at the issuer's option, either one share of common stock or the cash equivalent upon satisfaction of the vesting events.
- [F4]These are time-based restricted stock units (RSUs) granted to the reporting person on May 20, 2021, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan.