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Gentherm Inc — Director's Dealing 2025
Apr 3, 2025
32146_dirs_2025-04-03_bb50204e-d690-4cec-96ae-5c7c2f47f94d.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: 2025-03-21
Reporting Person: Wang Chenglong (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-03-21 | Common Stock | A | 202 | — | Acquired | 5469 | Direct |
Footnotes
F1: On April 1, 2022, the Reporting Person was granted performance-based restricted stock units (PSUs) under the 2013 Equity Incentive Plan. A portion of such PSUs are earned at 0% - 200% of the target grant award based on the Issuer's return on invested capital measured in 2024 (ROIC PSUs) and vest on the later of the date the Compensation and Talent Committee determines that the PSUs are earned and the third anniversary of the grant date. On March 21, 2025, the Compensation and Talent Committee determined that the ROIC PSUs were earned at 85% of the target performance level, which reflects a total payout of 34% of the PSUs granted on April 1, 2022, and on April 1, 2025 the vesting period lapsed.