SEC Form 4 · accession 0001331471-16-000053
STONERIDGE INC · SRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Kruk
Officer — President of Electronics
Period of report
Mar 7, 2016
Accepted (ET)
Mar 14, 2016 · 11:58 am EDT
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 | Mar 7, 2016 | S | 4,905 | $13.17 | D | 8,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance SharesF1 | — | holding | — | — | — | — | — | Common Shares, without par value | 99,100 | 99,100 | D |
Explanation of responses
- F1Each performance share (unit) represents a contingent right to receive one Company Common Share. The performance shares vest over a three year period and depending on continued employment over the three year period and in part depending on Company performance over the same period Common Shares may be earned. Grants of Performance Shares (previously reported on Form 4s) were made in 2014, 2015 and 2016.