STONERIDGE INC 4
4 · STONERIDGE INC · Filed Mar 9, 2017
Insider Transaction Report
Form 4
Sloan Michael D
VP and GM of Hi-Stat
Transactions
- Sale
Common Shares, without par value
2017-03-08$18.73/sh−39,457$739,128→ 40,805 total
Holdings
- 139,205
Performance Shares
→ Common Shares, without par value (139,205 underlying)
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. The Company Common Shares were sold in multiple transaction on March 8, 2017 at prices ranging from $18.58/share to $18.90/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 range.
- [F2]Each Performance Share (unit) was granted to the Reporting Person under the Company's Long-Term Incentive Plan and represents a contingent right to receive one Company Common Share. The Performance Shares were granted to the Reporting Person in 2014, 2015, 2016 and 2017 and shall be earned in some cases based on continued employment until a date three years after the grant date and in other cases based on continued employment until a date three years after the grant date and based on Company performance over a three year period.