BEAVER THOMAS A 4
4 · STONERIDGE INC · Filed Nov 13, 2017
Insider Transaction Report
Form 4
BEAVER THOMAS A
Vice President
Transactions
- Sale
Common Shares, without par value
2017-11-10$21.51/sh−16,827$361,949→ 59,702 total - Sale
Common Shares, without par value
2017-11-09$21.51/sh−32,952$708,798→ 76,529 total
Holdings
- 93,220
Performance Shares
→ Common Shares, without par value (93,220 underlying)
Footnotes (2)
- [F1]The Price Reported in Column 4 is a weighted average price. The shares were sold in multiple transactions on November 9, 2017 and November 10, 2017 at per share prices ranging from $21.50 to $21.70 on November 9, 2017 and $21.50 to $21.60 on November 10, 2017. 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 Shares (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 is 2015, 2016 and 2017 and vest depending on continued employment, and in some cases also depending on Company performance in 2018, 2019 and 2020.