SEC Form 4 · accession 0001576647-18-000008
Cooper-Standard Holdings Inc. · CPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Posada Juan Fernando de Miguel
Officer — See remarks
Period of report
Mar 12, 2018
Accepted (ET)
Mar 13, 2018 · 4:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001320461
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stock | Mar 12, 2018 | M | 4,533 | $56.27 | A | 17,293 | D | |
| Common stock | Mar 12, 2018 | F | 3,244 | $122.79 | D | 14,049 | D | |
| Common stock | Mar 12, 2018 | M | 3,500 | $68.50 | A | 17,549 | D | |
| Common stock | Mar 12, 2018 | F | 2,688 | $122.79 | D | 14,861 | D | |
| Common stockF1 | Mar 12, 2018 | S | 4,830 | $122.49 | D | 10,031 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee stock options (right to buy)F2,F3 | $56.27 | Mar 12, 2018 | M | 4,533 | D | — | Feb 19, 2025 | Common stock | 4,533 | 0 | D |
| Employee stock options (right to buy)F4,F3 | $68.50 | Mar 12, 2018 | M | 3,500 | D | — | Feb 18, 2026 | Common stock | 3,500 | 3,500 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $122.17 to $122.78, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F2These are time-restricted employee stock options with the right to buy, granted to the reporting person on February 19, 2015, under the Cooper-Standard Holdings Inc. 2011 Omnibus Incentive Plan, as amended and restated.
- F3Subject to the reporting person's continued employment with the company or its affiliate, one third of the options shall vest on each of the first three anniversaries of the grant date.
- F4These are time-restricted employee stock options with the right to buy, granted to the reporting person on February 18, 2016, under the Cooper-Standard Holdings Inc. 2011 Omnibus Incentive Plan, as amended and restated.
Remarks
Senior Vice President and President, Europe and South America