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Gentherm Inc Director's Dealing 2023

Mar 24, 2023

32146_dirs_2023-03-24_e67b9c9c-a254-4ba8-beb7-88146ef7fe06.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: 2023-03-22

Reporting Person: Kauffman Wayne S III (SVP and General Counsel)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-03-22 Common Stock A 2950 $0.00 Acquired 16644 Direct
2023-03-22 Common Stock F 844 $59.34 Disposed 15800 Direct

Footnotes

F1: On March 12, 2020, 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 March 12, 2023, the vesting period lapsed, and on March 22, 2023, the Compensation Committee determined that the PSUs were earned at the target performance level.