STONERIDGE INC 4
4 · STONERIDGE INC · Filed Mar 28, 2017
Insider Transaction Report
Form 4
Sloan Michael D
VP and GM of Hi-Stat
Transactions
- Disposition to Issuer
Performance Shares
2017-03-25−4,489→ 100,355 total→ Common Shares, without par value - Tax Payment
Common Shares, without par value
2017-03-25$18.26/sh−10,943$199,819→ 64,223 total - Exercise/Conversion
Performance Shares
2017-03-25−34,361→ 104,844 total→ Common Shares, without par value (34,361 underlying) - Exercise/Conversion
Common Shares, without par value
2017-03-25+34,361→ 75,166 total
Footnotes (2)
- [F1]On March 25, 2014 the Reporting Person was granted 38,850 Performance Shares vesting on March 25, 2017; 15,600 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 23,500 were time and performance based. Of the time and performance based Performance Shares 18,761 vested on March 25, 2017 and were paid on a one for one basis in common shares and 4,489 were forfeited.
- [F2]Performance Shares vesting in 2018, 2019 and 2020 payable upon vest on a one-for-one basis in common shares.