SEC Form 4 · accession 0001209191-17-013744
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 22, 2017
Accepted (ET)
Feb 23, 2017 · 4:07 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 22, 2017 | A | 15,000 | $0.00 | A | 44,294 | 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 | $38.05 | Feb 22, 2017 | A | 45,000 | A | Feb 22, 2018 | Feb 22, 2024 | Common Stock | 45,000 | 45,000 | 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 four portions; 3,750 on February 22, 2018,and 3,750 on February 22,2019, 3,750 on February 22,2020 and 3,750 on February 22, 2021.
- F2Purchase option shares become exercisable in five installments; 9,000 shares on February 22, 2018, 9,000 shares on February 22, 2019, 9,000 shares on February 22, 2020, 9,000 shares on February 22, 2021 and 9,000 shares on February 22, 2022.
- 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 167,500 Options to Purchase Common Stock of varying classes (i.e. varying exercise prices and expiration dates).