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STONERIDGE INC Director's Dealing 2023

Sep 15, 2023

33588_dirs_2023-09-15_4e44c3b7-b3ee-43b6-88ed-70a9c7f0c67f.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: 2023-09-13

Reporting Person: Benedict Susan C. (CHRO and Assistant GC)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-09-13 Common Shares, without par value M 4835 Acquired 9121 Direct
2023-09-13 Common Shares, without par value F 1373 $18.67 Disposed 7748 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-09-13 Share Units $ M 4835 Disposed Common Shares, without par value (4835) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Phantom Shares $ 2025-06-20 Common Shares, without par value (29103) 29103 Direct

Footnotes

F1: On September 13, 2021, the Reporting Person was granted 4,835 time-based Share Units pursuant to the Company's Long-Term Incentive Plan, which vested on September 13, 2023, and were paid on a one-for-one basis in Company Common Shares. The remaining Share Units granted to the Reporting Person pursuant to the Company's Long-Term Incentive Plan are payable on a one-for-one basis in Company Common Shares if the Reporting Person remains employed on the dates specified in the various grant agreements.

F2: Phantom Shares granted to the Reporting Person pursuant to the Company's Long-Term Incentive Plan. Each Phantom Share is the economic equivalent of one Company Common Share and will be paid in cash equal to the fair market value of one Company Common Share if the Reporting Person remains employed on June 20, 2025.