SEC Form 4 · accession 0001209191-15-016377
Gentherm Inc · THRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darren Schumacher
Officer — VP Product Development
Period of report
Feb 18, 2015
Accepted (ET)
Feb 19, 2015 · 9:22 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000903129
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 18, 2015 | A | 10,000 | $41.69 | A | 24,000 | D | |
| Common Stock | Feb 19, 2015 | F | 1,823 | $41.50 | D | 22,177 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Common StockF3,F2 | $41.69 | Feb 18, 2015 | A | 30,000 | A | Feb 18, 2016 | Feb 18, 2022 | Common Stock | 30,000 | 30,000 | D |
Explanation of responses
- F1The shares represent Restricted Common Stock issued under the 2013 Equity Incentive Plan that have been granted to the Reporting Person. The shares vest in three portions; 3,334 on February 18,2016, 3,333 on February 18, 2017 and 3,333 on February 18, 2018.
- F2Purchase option shares become exercisable in four installments; 7,500 shares on February 18, 2016, 7,500 shares on February 18, 2017, 7,000 shares on February 18, 2018 and 7,500 shares on February 18, 2019.
- F3The amount represents the total number of derivative securities Benefically Owned of the class shown (i.e. the same exercise price and expiration date). The Reporting Person owns a total of 110,000 Options to Purchase Common Stock of varying classes (i.e. varying exercise prices and expiration dates).