4//SEC Filing
Banas Jonathan P 4
Accession 0001320461-25-000028
CIK 0001320461other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 2:53 PM ET
Size
18.3 KB
Accession
0001320461-25-000028
Insider Transaction Report
Form 4
Banas Jonathan P
EVP and CFO
Transactions
- Award
Common stock
2025-02-12+7,299→ 27,524 total - Exercise/Conversion
Common stock
2025-02-12+22,526→ 47,575 total - Award
Performance Stock Units
2025-02-12+10,644→ 10,644 total→ Common stock (10,644 underlying) - Tax Payment
Common stock
2025-02-12$14.41/sh−2,475$35,665→ 25,049 total - Exercise/Conversion
Performance Stock Units
2025-02-12−22,526→ 0 total→ Common stock (22,526 underlying) - Award
Restricted Stock Units
2025-02-12+25,692→ 25,692 total→ Common stock (25,692 underlying) - Disposition to Issuer
Common stock
2025-02-12$14.41/sh−22,526$324,600→ 25,049 total
Footnotes (11)
- [F1]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.
- [F10]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.
- [F11]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]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.
- [F3]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.
- [F4]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.
- [F5]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.
- [F6]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
- [F7]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.
- [F8]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.
- [F9]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.
Documents
Issuer
Cooper-Standard Holdings Inc.
CIK 0001320461
Entity typeother
Related Parties
1- filerCIK 0001653523
Filing Metadata
- Form type
- 4
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 2:53 PM ET
- Size
- 18.3 KB