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Gentherm Inc — Director's Dealing 2021
Jun 23, 2021
32146_dirs_2021-06-23_cdb40834-3ccd-4106-ae16-e2d9dedf1cf1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GENTHERM Inc (THRM)
CIK: 0000903129
Period of Report: 2021-06-21
Reporting Person: Kauffman Wayne S III (SVP and General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-06-21 | Common Stock | A | 1300 | $0.00 | Acquired | 12378 | Direct |
Footnotes
F1: On August 17, 2018, the Reporting Person was granted performance-based Restricted Stock Units (PSUs) under the 2013 Equity Incentive Plan. The PSUs are earned at 0% - 200% of the target grant award based on the Issuer's three-year total shareholder return ("TSR") relative to a peer group and vest on the later of the date the Compensation Committee determines that the PSUs are earned and the third anniversary of the grant date. On June 21, 2021, the Compensation Committee determined that the PSUs were earned at the maximum performance level. The earned shares will vest on August 17, 2021, subject to continuing employment on such vesting date.