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STONERIDGE INC — Director's Dealing 2013
Feb 6, 2013
33588_dirs_2013-02-06_572f893b-7d75-4936-b653-dd3dd34341b5.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: 2013-02-04
Reporting Person: Sloan Michael D (Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-02-04 | Common Shares, without par value | A | 40500 | — | Acquired | 139489 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-02-04 | Phantom Shares | $ | A | 13500 | Acquired | Common Shares, without par value (13500) | Direct |
Footnotes
F1: Restricted Common Shares granted to the Reporting Person pursuant to the Amended and Restated Long-Term Incentive Plan. Provided that the Reporting Person remains employed 27,000 shares vest and will no longer be subject to risk of forefeiture on February 4, 2016 and provided that the Reporting Person remains employed and depending on Company performance 13,500 shares vest and will no longer be subject to risk of forefeiture on February 4, 2016.
F2: Granted to the Reporting Person pursuant to the Long-Term Cash Incentive Plan. Each Phantom Share is the economic equivalent of one Company Commmon Share. Provided that the Reporting Person remains employed and depending on Company performance the Phantom Shares will be paid out in cash on February 4, 2016.