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STONERIDGE INC — Director's Dealing 2024
Mar 5, 2024
33588_dirs_2024-03-05_b4d48e7e-beee-4a8e-ab37-f6cd5d2f55bf.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: 2024-03-01
Reporting Person: Ferraiolo Caetano Roberto (President Stoneridge Brazil)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-01 | Common Shares, without par value | M | 1000 | — | Acquired | 1287 | Direct |
| 2024-03-01 | Common Shares, without par value | F | 263 | $17.66 | Disposed | 1024 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-01 | Share Units | $ | M | 1000 | Disposed | Common Shares, without par value (1000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Shares | $ | 2025-06-20 | Common Shares, without par value (14551) | 14551 | Direct |
Footnotes
F1: On March 14, 2022 the Reporting Person was granted 4,312 Share Units pursuant to the Company's Long-Term Incentive Plan, of which 1,000 vested on March 1, 2024 and were paid on a one-for-one basis in Company Common Shares. The remaining Share Units shall vest if the Reporting Person remains employed on the date specified under 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 Shares 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.