Gentherm Inc — Director's Dealing 2022

Mar 9, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENTHERM Inc (THRM)
CIK: 0000903129
Period of Report: 2022-03-07

Reporting Person: Barkas Rafael (SVP, Global Ops & Supply Chain)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-07	Common Stock	A	1692	$0.00	Acquired	11078	Direct
2022-03-07	Common Stock	A	3562	$0.00	Acquired	14640	Direct
2022-03-07	Common Stock	F	1512	$70.56	Disposed	13128	Direct

Footnotes

F1: On February 25, 2019, the Reporting Person was granted PSUs under the 2013 Equity Incentive Plan. The PSUs are earned at 0% - 200% of the target grant award based on the Issuer's return on invested capital measured in the third year ("ROIC") 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 February 25, 2022, the vesting period lapsed, and on March 7, 2022, the Compensation Committee determined that the PSUs were earned at 95% of the target performance level.

F2: On February 25, 2019, 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 February 25, 2022, the vesting period lapsed, and on March 7, 2022, the Compensation Committee determined that the PSUs were earned at the maximum performance level.