Kased Rajaey 4
4 · STONERIDGE INC · Filed Aug 30, 2023
Insider Transaction Report
Form 4
Kased Rajaey
President Control Devices
Transactions
- Purchase
Common Shares, without par value
2023-08-30$20.12/sh+2,525$50,803→ 4,333 total
Holdings
- 14,551
Phantom Shares
→ Common Shares, without par value (14,551 underlying) - 10,947
Share Units
→ Common Shares, without par value (10,947 underlying)
Footnotes (3)
- [F1]The price reported in column 4 is a weighted average price. The Common Shares of Stoneridge, Inc. were purchased in multiple transactions on Aug. 30, 2023 at prices ranging from $20.5 to $20.16, inclusive. The Reporting Person undertakes to provide Stoneridge, Inc., any shareholder of Stoneridge, Inc or the SEC Staff, upon request, full information of the number of shares purchased at each price within the range.
- [F2]Share Units granted to the Reporting Person pursuant to the Company's Long-Term Incentive Plan payable on a one-for-one basis in Company Common Shares if the Reporting Person remains employed on the date specified under the various grant agreements.
- [F3]Phantom Shares granted to the Reporting Person pursuant to the Company's Long-Term Incentive Plan. Each Phantom Share is the economic equivalent of one Company Common Share and will be paid in cash equal to the fair market value of one Company Common Share if the Reporting Person remains employed on June 20, 2025.