SEC Form 4 · accession 0001331471-17-000030
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
Nov 9, 2017
Accepted (ET)
Nov 13, 2017 · 4:01 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 valueF1 | Nov 9, 2017 | S | 32,952 | $21.51 | D | 76,529 | D | |
| Common Shares, without par valueF1 | Nov 10, 2017 | S | 16,827 | $21.51 | D | 59,702 | 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 | 93,220 | 93,220 | D |
Explanation of responses
- F1The Price Reported in Column 4 is a weighted average price. The shares were sold in multiple transactions on November 9, 2017 and November 10, 2017 at per share prices ranging from $21.50 to $21.70 on November 9, 2017 and $21.50 to $21.60 on November 10, 2017. The Reporting Person undertakes to provide Stoneridge, Inc. and the SEC staff, upon request, full information on the number of shares sold at each separate price within the ranges.
- F2Each Performance Shares (unit) represents a contingent right to receive one Company Common Share. The Performance Shares were granted to the Reporting Person under the Company's Long-Term Incentive Plan is 2015, 2016 and 2017 and vest depending on continued employment, and in some cases also depending on Company performance in 2018, 2019 and 2020.