4//SEC Filing
Clark Patrick 4
Accession 0001320461-25-000023
CIK 0001320461other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 2:53 PM ET
Size
21.3 KB
Accession
0001320461-25-000023
Insider Transaction Report
Form 4
Clark Patrick
See Remarks
Transactions
- Exercise/Conversion
Common stock
2025-02-12+20,478→ 20,478 total - Gift
Common stock
2025-02-12+3,216→ 23,934 total(indirect: By Trust) - Award
Performance Stock Units
2025-02-12+9,676→ 9,676 total→ Common stock (9,676 underlying) - Award
Restricted Stock Units
2025-02-12+21,080→ 21,080 total→ Common stock (21,080 underlying) - Award
Common stock
2025-02-12+4,866→ 4,866 total - Gift
Common stock
2025-02-12−3,216→ 0 total - Tax Payment
Common stock
2025-02-12$14.41/sh−1,650$23,777→ 3,216 total - Exercise/Conversion
Performance Stock Units
2025-02-12−20,478→ 0 total→ Common stock (20,478 underlying) - Disposition to Issuer
Common stock
2025-02-12$14.41/sh−20,478$295,088→ 0 total
Footnotes (12)
- [F1]The Company in its sole discretion settles such performance-based stock units (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.
- [F10]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.
- [F11]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.
- [F12]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 settle on or as soon as practicable following February 12, 2025.
- [F2]Represents Common stock distributed to the Reporting Person based on performance-based stock units (PSUs) granted to the reporting person on February 16, 2022, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan, which were deemed to have satisfied applicable performance vesting criteria as determined by the Company on February 12, 2025 (Determination Date), and distributed to the Reporting Person on the Determination Date.
- [F3]Revocable family trust for which Reporting Person is the sole trustee.
- [F4]These are time-based restricted stock units (RSUs) granted to the reporting person on February 12, 2025, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan, as amended and restated.
- [F5]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.
- [F6]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 the date of March 1, 2025.
- [F7]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, 2024, as determined by the Company on February 12, 2025
- [F8]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.
- [F9]Subject to the reporting person's continued employment with the company or its affiliates through December 31, 2025, these PSUs shall vest and no longer be subject to forfeiture and will settle on or as soon as practicable following February 12, 2026.
Documents
Issuer
Cooper-Standard Holdings Inc.
CIK 0001320461
Entity typeother
Related Parties
1- filerCIK 0001762564
Filing Metadata
- Form type
- 4
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 2:53 PM ET
- Size
- 21.3 KB