Chenglong Wang - 21 Mar 2025 Form 4 Insider Report for Gentherm Inc (THRM)

Role: VP & General Manager
Signature: /s/ Stephanie Swan, by Power of Attorney
Issuer symbol: THRM
Transactions as of: 21 Mar 2025
Transactions value $: $0
Form type: 4
Filing time: 03 Apr 2025, 16:08:07 UTC
Previous filing: 17 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	THRM	Common Stock	Award	$0	+202	+3.84%	$0.000000	5,469	21 Mar 2025	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On April 1, 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 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 April 1, 2022, and on April 1, 2025 the vesting period lapsed.

Content

On April 1, 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 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 April 1, 2022, and on April 1, 2025 the vesting period lapsed.