SEC Form 4 · accession 0001331471-18-000027

STONERIDGE INC · SRI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Vice President - Global Sales

Period of report

May 16, 2018

Accepted (ET)

May 18, 2018 · 2:42 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 value^F1	May 16, 2018	S	30,000	$31.4528	D	53,001	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Performance Shares/Share Units^F2	—	holding	—	—	—	—	—	Common Shares, without par value	63,380	63,380	D

F1The price reported in Column 4 is a weighted average price. The common shares were sold in multiple transactions on May 16, 2018 at prices per share ranging from $31.381 to $31.65. The Reporting Person undertakes to provide to Stoneridge, Inc. and the SEC staff, upon request, full information on the number of common shares sold at each price within the range.
F2Performance Shares/Share Units were granted to the Reporting Person under the Company's Long-Term Incentive Plan in 2016, 2017 and 2018. Share Units are time-based awards and are paid on a one-for-one basis in Company common shares on the third anniversary of the date of grant if the Reporting Person remains employed by the Company on that date. Performance Shares are time-based and Company performance-based and are also paid, if earned, on a one-for-one basis in Company common shares on the third anniversary of the date of grant (i) if the Reporting Person remains employed by the Company on that date, and (ii) depending on Company performance over a three year performance period.