Suttmeier Vince 4
4 · STONERIDGE INC · Filed Feb 16, 2010
Insider Transaction Report
Form 4
Suttmeier Vince
VP and GM - Pollak
Transactions
- Award
Common Shares, without par value
2010-02-14+17,050→ 74,274 total - Award
Phantom Shares
2010-02-14+6,450→ 6,450 total→ Common Shares, without par value (6,450 underlying)
Footnotes (2)
- [F1]Restricted Common Shares granted to the Reporting Person pursuant to the Company's Amended and Restated Long-Term Incentive Plan. Provided that the Reporting Person remains employed 9,400 shares vest and will no longer be subject to risk of forfeiture on Feb. 14, 2013 and provided that the Reporting Person remains employed and depending on Company performance 7,650 shares vest and will no longer be subject to risk of forfeiture on Feb. 14, 2013.
- [F2]Each Phanton Share is the economic equivalent of one Company Common Share. Provided that the Reporting Person remains employed and depending on Company performance the Phanton shares will be paid out in cash on February 14, 2013.