Thomas Stocker - Mar 21, 2025 Form 4 Insider Report for Gentherm Inc (THRM)

Signature
/s/ Stephanie Swan, by Power of Attorney
Stock symbol
THRM
Transactions as of
Mar 21, 2025
Transactions value $
-$19,953
Form type
4
Date filed
3/25/2025, 05:24 PM
Previous filing
Mar 17, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction THRM Common Stock Award $0 +1.46K +7.47% $0.00 21K Mar 21, 2025 Direct F1
transaction THRM Common Stock Tax liability -$20K -657 -3.13% $30.37 20.3K Mar 21, 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 11, 2022, the Reporting Person was granted performance-based restricted stock units (PSUs) under the 2013 Equity Incentive Plan. A portion of such PSUs are earned at 0% - 200% of the target grant award based on the Issuer's return on invested capital measured in 2024 (ROIC PSUs) and vest on the later of the date the Compensation and Talent Committee determines that the PSUs are earned and the third anniversary of the grant date. On March 11, 2025, the vesting period lapsed, and on March 21, 2025, the Compensation and Talent Committee determined that the ROIC PSUs were earned at 85% of the target performance level, which reflects a total payout of 34% of the PSUs granted on March 11, 2022.