STONERIDGE INC 4
4 · STONERIDGE INC · Filed Mar 28, 2017
Insider Transaction Report
Form 4
Kruk Peter
Pres., Electronics Division
Transactions
- Exercise/Conversion
Common Shares, without par value
2017-03-25+34,047→ 42,047 total - Disposition to Issuer
Performance Shares
2017-03-25−4,453→ 80,235 total→ Common Shares, without par value - Exercise/Conversion
Performance Shares
2017-03-25−34,047→ 84,688 total→ Common Shares, without par value (34,047 underlying)
Footnotes (2)
- [F1]On March 25, 2014 the Reporting Person was granted 38,500 Performance Shares vesting on March 25, 2017; 15,400 of the Performance Shares were time-based and vested on March 25, 2017 and were paid on a one-for-one basis in common shares and 23,100 were time and performance based. Of the time and performance based Performance Shares 18,647 vested on March 25, 2017 and were paid on a one-for-one basis in common shares and 4,453 were forfeited.
- [F2]Performance shares vesting in 2018, 2019 an 2020 payable upon vesting on a one for one basis in common shares.