STONERIDGE INC 4
4 · STONERIDGE INC · Filed Sep 9, 2016
Insider Transaction Report
Form 4
BEAVER THOMAS A
Vice President
Transactions
- Sale
Common Shares, without par value
2016-09-09$18.02/sh−7,000$126,140→ 78,667 total - Sale
Common Shares, without par value
2016-09-08$18.30/sh−33,000$603,900→ 85,667 total
Holdings
- 120,875
Performance Shares
→ Common Shares, without par value (120,875 underlying)
Footnotes (2)
- [F1]The Price Reported in Column 4 is a weighted average price. The shares were sold in multiple transactions on September 8, 2016 and September 9, 2016 at prices on September 8, 2016 ranging from $18.16/share to $18.365/share and at prices on September 9, 2016 ranging from $18/share to $18.08/share. The Reporting Person undertakes to provide Stoneridge, Inc. and the SEC Staff, upon request, full information on the number of shares sold at each separate price within the ranges.
- [F2]Each Performance Share (unit) represents a contingent right to receive one Company Common Share. The Performance Shares were granted to the Reporting Person under the Company's Long-Term Incentive Plan in 2014, 2015 and 2016 and vest depending on continued employment, and in some cases also depending on Company performance, in 2017, 2018 and 2019.