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STONERIDGE INC — Director's Dealing 2010
Feb 16, 2010
33588_dirs_2010-02-16_c90afb18-eb0f-4176-b4c2-181f40d96ba6.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: STONERIDGE INC (SRI)
CIK: 0001043337
Period of Report: 2010-02-14
Reporting Person: Corey John C (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-02-14 | Commmon Shares, without par value | A | 220150 | — | Acquired | 911482 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-02-14 | Phantom Shares | $ | A | 83850 | Acquired | Common Shares, without par value (83850) | Direct |
Footnotes
F1: Restricted Common Shares granted to the Reporting Person pursuant to the Company's Amended and Restated Long-Term Incentive Plan. Provided that the Reporting Person remains employed 121,600 shares vest and will no longer be subject to risk of forfeiture on Feb. 14, 2013 and provided that the Reporting Person remains employed and depending on Company performance 98,550 shares vest and will no longer be subject to risk of forfeiture on Feb. 14, 2013.
F2: Each Phantom Share is the economic equivalent of one Company Common Share. Provided that the Reporting Person remains employed and depending on Company performance the Phantom Shares will be paid out in cash on Feb. 14, 2013.