SEC Form 4 · accession 0001331471-19-000010
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, 2019
Accepted (ET)
Mar 6, 2019 · 7:41 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 valueF2 | Mar 4, 2019 | M | 29,690 | — | A | 82,691 | D | |
| Common Shares, without par value | Mar 4, 2019 | F | 8,597 | $30.04 | D | 74,094 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Share UnitsF1 | — | Mar 4, 2019 | A | 5,344 | A | — | — | Common Shares | 5,344 | 68,724 | D |
| Performance Shares/Share UnitsF2 | — | Mar 4, 2019 | M | 29,690 | D | — | — | Common Shares | 29,690 | 39,034 | D |
| Performance Shares/Share UnitsF2 | — | Mar 4, 2019 | D | 5,385 | D | — | — | Common Shares | — | 33,649 | D |
Explanation of responses
- F1Share Units granted to the Reporting Person pursuant to the Company's Long-Term Incentive Plan payable on a one-for-one basis in Company common share if the Reporting Person remains employed on March 4, 2022.
- F2In 2016 Reporting Person was granted time-based share units and performance shares pursuant to the Company's Long-Term Incentive Plan and on March 4, 2019 29,690 common shares were earned pursuant to the 2016 grant and paid on a one-for-one basis in Company common shares and 5,385 performance shares were not earned and were forfeited.