SEC Form 4 · accession 0001209191-16-102206
Gentherm Inc · THRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth John Phillips
Officer — VP & General Counsel/Secretary
Period of report
Feb 24, 2016
Accepted (ET)
Feb 25, 2016 · 1:05 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 24, 2016 | A | 10,000 | $40.64 | A | 31,608 | 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 | $40.64 | Feb 24, 2016 | A | 30,000 | A | Feb 24, 2017 | Feb 24, 2023 | 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 24,2017, 3,333 on February 24, 2018,and 3,333 on February 24,2019.
- F2Purchase option shares become exercisable in four installments; 7,500 shares on February 24, 2017, 7,500 shares on February 24, 2018, 7,500 shares on February 24, 2019, and 7,500 shares on February 24, 2020.
- 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 122,500 Options to Purchase Common Stock of varying classes (i.e. varying exercise prices and expiration dates).