4//SEC Filing
Kanary MaryAnn Peterson 4
Accession 0001320461-24-000031
CIK 0001320461other
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 1:24 PM ET
Size
9.6 KB
Accession
0001320461-24-000031
Insider Transaction Report
Form 4
Kanary MaryAnn Peterson
See remarks
Transactions
- Award
Restricted Stock Units
2024-02-14+11,690→ 11,690 total→ Common stock (11,690 underlying) - Award
Performance Stock Units
2024-02-14+10,856→ 10,856 total→ Common stock (10,856 underlying)
Footnotes (7)
- [F1]These are time-based restricted stock units (RSUs) granted to the reporting person on February 14, 2024, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan, as amended and restated.
- [F2]The company settles such RSUs by making 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.
- [F3]Subject to the reporting person's continued employment with the company or its affiliates through the applicable vesting date, one third of these RSUs shall vest and no longer be subject to forfeiture on each of the first three anniversaries of March 1, 2024.
- [F4]Represents performance-based stock units (PSUs) granted to the reporting person on February 15, 2023, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan, as amended and restated, which were deemed to have satisfied the portion of the performance vesting criteria applicable for the year ended December 31, 2023, as determined by the Company on February 14, 2024. The number of PSUs ultimately deemed to be earned for the grant made on February 15, 2023 will be determined following the end of the year ending December 31, 2024.
- [F5]The Company in its sole discretion settles such PSUs by delivering an amount of cash equal to the fair market value of a number of shares equal to the number of PSUs that have vested.
- [F6]Represents the date on which the Company determined the number of PSUs actually achieved by the reporting person based on the achievement of certain performance vesting criteria.
- [F7]Subject to the reporting person's continued employment with the company or its affiliates through December 31, 2024, these PSUs shall vest and no longer be subject to forfeiture and will settle at the time of the final determination of satisfaction of performance criteria for the remaining portion of the PSU, which remains subject to certain performance-based vesting conditions for the year ending December 31, 2024.
Documents
Issuer
Cooper-Standard Holdings Inc.
CIK 0001320461
Entity typeother
Related Parties
1- filerCIK 0001986602
Filing Metadata
- Form type
- 4
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 1:24 PM ET
- Size
- 9.6 KB