Tervalon Mark J 4
4 · STONERIDGE INC · Filed Feb 16, 2010
Insider Transaction Report
Form 4
Tervalon Mark J
Vice President
Transactions
- Award
Phantom Shares
2010-02-14+18,750→ 18,750 total→ Common Shares, without par value (18,750 underlying) - Award
Common Shares, without par value
2010-02-14+49,250→ 172,777 total
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 27,200 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 22,050 shares vest and will no longer be subject to risk of forfeiture on Feb. 14, 2013.
- [F2]Each Phantom Share is the economic equivalent of one Company Common Share. Provided that the Reporting Person remains employed and depending on Company performance the Phantom Shares will be paid out in cash on February 14, 2013.