SEC Form 4 · accession 0000950117-16-001150
SUPERIOR INDUSTRIES INTERNATIONAL INC · SUP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James F Sistek
Officer — SR VP Business Operations
Period of report
Mar 6, 2016
Accepted (ET)
May 4, 2016 · 9:36 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000095552
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 6, 2016 | M | 1,109 | $0.00 | A | 6,931 | D | |
| Common Stock | Mar 6, 2016 | F | 410 | $21.35 | D | 6,521 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF3,F4 | — | Mar 6, 2016 | M | 1,109 | D | — | — | Common Stock | 1,109 | 2,219 | D |
Explanation of responses
- F1Settlement of restricted stock units into shares of common stock.
- F2Shares withheld to satisfy the minimum tax withholding requirements upon vesting of restricted stock units.
- F3Each restricted stock unit represents a contingent right to receive one share of common stock of Superior Industries International, Inc.
- F4The restricted stock units vest and settle in stock in three approximately equal installments on each of the first three anniversaries of the grant date.