Form 4 for CPS Cooper-Standard Holdings Inc.
Accepted 2023-03-03 00:00:00 ET · period of report 2023-03-01 · accession 0001320461-23-000061 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-03-03 | 2023-03-01 | CPS | Banas Jonathan P | EVP, CFO | M - OptEx | — | +5,083 | 10.1K | +101% | — |
| D | 2023-03-03 | 2023-03-01 | CPS | Banas Jonathan P | EVP, CFO | F - Tax | $15.90 | -1,435 | 8,664 | -14% | -$22.8K |
| D | 2023-03-03 | 2023-03-01 | CPS | Banas Jonathan P | EVP, CFO | M - OptEx | $0.00 | -5,083 | 10.2K | -33% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common stock | 2023-03-01 | M | A | 5,083 | — | 10,099 | D | — | — | (F1) The company, in its sole discretion, settles such RSUs by electing either to (i) make an appropriate book entry in the reporting person's name for a number of shares equal to the number of RSUs that have vested or (ii) deliver an amount of cash equal to the fair market value, determined as of the vesting date, of a number of shares equal to the number of RSUs that have vested. |
| 2 | Common | Common stock | 2023-03-01 | F | D | 1,435 | $15.90 | 8,664 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2023-03-01 | M | D | 5,083 | $0.00 | 10,167 | D | — · — to — | 5,083 Common stock | (F2) These are time-based restricted stock units (RSUs) granted to the reporting person on February 16, 2022, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan. (F1) The company, in its sole discretion, settles such RSUs by electing either to (i) make an appropriate book entry in the reporting person's name for a number of shares equal to the number of RSUs that have vested or (ii) deliver an amount of cash equal to the fair market value, determined as of the vesting date, of a number of shares equal to the number of RSUs that have vested. (F3) Subject to the reporting person's continued employment with the company or its affiliates through the applicable vesting date, one third of these RSUs shall vest and no longer be subject to forfeiture on each of the first three anniversaries of March 1, 2022 |