SEC Form 4 · accession 0001331471-17-000024
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
May 17, 2017
Accepted (ET)
May 18, 2017 · 12:43 pm 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 valueF1 | May 17, 2017 | S | 22,000 | $16.6312 | D | 20,047 | 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 | — | holding | — | — | — | — | — | Common Shares, without par value | 80,235 | 80,235 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. The shares were sold in multiple transaction on May 17, 2017 at prices ranging from $16.63/share to $16.65/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 price.
- F2Performance Shares granted to the Reporting Person pursuant to the Company's Long-Term Incentive Plan vesting (depending in part on Company performance) in 2018, 2019 and 2020 and payable upon vesting on a one for one basis in Company common shares.