SEC Form 4 · accession 0001562180-17-001196
SUPERIOR INDUSTRIES INTERNATIONAL INC · SUP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kerry A Shiba
Officer — EVP & CFO
Period of report
Mar 6, 2017
Accepted (ET)
Mar 8, 2017 · 3:58 pm EST
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, 2017 | M | 1,437 | $0.00 | A | 13,595 | D | |
| Common StockF2 | Mar 8, 2017 | S | 644 | $26.12 | D | 12,951 | 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, 2017 | M | 1,437 | D | — | — | Common Stock | 1,437 | 1,438 | D |
Explanation of responses
- F1These shares were sold solely for the purpose of paying taxes due upon the vesting of shares of restricted stock that were granted to the Reporting Person under the Company's Amended and Restated 2008 Equity Incentive Plan.
- F2The price reported in Column 4 of Table I is an average price. The shares were sold in multiple transactions at prices ranging from $26.10 to $26.20, inclusive. The reporting person undertakes to provide to Superior Industries International, Inc., any security holder of Superior Industries International, Inc., 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 ranges set forth in this footnote.
- 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.