SEC Form 4 · accession 0001331471-16-000047
STONERIDGE INC · SRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas A Beaver
Officer — Vice President - Global Sales
Period of report
Mar 4, 2016
Accepted (ET)
Mar 7, 2016 · 5:50 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001043337
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares, without par value | holding | — | — | — | 118,677 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance SharesF2,F1 | — | Mar 4, 2016 | A | 31,415 | A | — | — | Common Shares, without par value | 31,415 | 120,875 | D |
Explanation of responses
- F1Each performance share (unit) represents a contingent right to receive one Company Common Share. Provided that the Reporting Person remains employed on March 4, 2019 11,090 common shares shall be earned and depending on Company performance 20,325 common shares shall be earned.
- F2The total represents that amount of performance shares including grants made in 2014 and 2015.