SEC Form 4 · accession 0001562180-19-001814
SUPERIOR INDUSTRIES INTERNATIONAL INC · SUP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shawn Pallagi
Officer — SVP, Chief HR Officer
Period of report
Mar 7, 2019
Accepted (ET)
Mar 8, 2019 · 2:59 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 7, 2019 | A | 3,064 | $0.00 | A | 37,910 | D | |
| Common Stock | Mar 7, 2019 | F | 1,039 | $5.49 | D | 36,871 | D | |
| Common Stock | Mar 7, 2019 | M | 756 | $0.00 | A | 37,627 | D | |
| Common Stock | Mar 7, 2019 | F | 257 | $5.49 | D | 37,370 | 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 7, 2019 | M | 756 | D | — | — | Common Stock | 756 | 25,127 | D |
Explanation of responses
- F1Shares acquired upon settlement of performance-based restricted stock units relating to the three-year performance period ending December 31, 2018, which were granted under the Issuer's Amended and Restated 2008 Equity Incentive Plan and exempt from liability under Section 16(b) of the Securities Exchange Act pursuant to Rule 16b-3(d).
- F2These shares were withheld solely for the purpose of paying taxes due upon the vesting and settlement of performance-based restricted stock units and restricted stock units as applicable, that were granted to the Reporting Person under the Company's Amended and Restated 2008 Equity Incentive Plan.
- 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 March 7, 2017, March 7, 2018 and March 7, 2019, respectively.