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STONERIDGE INC — Director's Dealing 2016
Sep 9, 2016
33588_dirs_2016-09-09_2f516af5-030c-4f83-9a43-6800d95b515e.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: 2016-09-08
Reporting Person: BEAVER THOMAS A (Vice President - Global Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-09-08 | Common Shares, without par value | S | 33000 | $18.3 | Disposed | 85667 | Direct |
| 2016-09-09 | Common Shares, without par value | S | 7000 | $18.02 | Disposed | 78667 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Performance Shares | $ | Common Shares, without par value (120875) | 120875 | Direct |
Footnotes
F1: The Price Reported in Column 4 is a weighted average price. The shares were sold in multiple transactions on September 8, 2016 and September 9, 2016 at prices on September 8, 2016 ranging from $18.16/share to $18.365/share and at prices on September 9, 2016 ranging from $18/share to $18.08/share. The Reporting Person undertakes to provide Stoneridge, Inc. and the SEC Staff, upon request, full information on the number of shares sold at each separate price within the ranges.
F2: Each Performance Share (unit) represents a contingent right to receive one Company Common Share. The Performance Shares were granted to the Reporting Person under the Company's Long-Term Incentive Plan in 2014, 2015 and 2016 and vest depending on continued employment, and in some cases also depending on Company performance, in 2017, 2018 and 2019.