Rafael Barkas - 25 Oct 2021 Form 4 Insider Report for GENTHERM Inc (THRM)

Role: SVP, Global Ops & Supply Chain
Signature: /s/ Stephanie Swan, by Power of Attorney
Issuer symbol: THRM
Transactions as of: 25 Oct 2021
Transactions value $: -$52,708
Form type: 4
Filing time: 27 Oct 2021, 16:34:41 UTC
Previous filing: 18 Oct 2021
Next filing: 01 Mar 2022
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	+2,108	+26%	$0	10,258	25 Oct 2021	Direct	F1
transaction	THRM	Common Stock	Tax liability	-$52,708	-603	-5.9%	$87.41	9,655	25 Oct 2021	Direct

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

Explanation of Responses:

Id	Content
F1	On October 15, 2018, the Reporting Person was granted performance-based Restricted Stock Units (PSUs) under the 2013 Equity Incentive Plan. The PSUs are earned at 0% - 200% of the target grant award based on the Issuer's three-year total shareholder return ("TSR") relative to a peer group and vest on the later of the date the Compensation Committee determines that the PSUs are earned and the third anniversary of the grant date. On October 15, 2021, the vesting period lapsed, and on October 25, 2021, the Compensation Committee determined that the PSUs were earned at the maximum performance level.

Content

On October 15, 2018, the Reporting Person was granted performance-based Restricted Stock Units (PSUs) under the 2013 Equity Incentive Plan. The PSUs are earned at 0% - 200% of the target grant award based on the Issuer's three-year total shareholder return ("TSR") relative to a peer group and vest on the later of the date the Compensation Committee determines that the PSUs are earned and the third anniversary of the grant date. On October 15, 2021, the vesting period lapsed, and on October 25, 2021, the Compensation Committee determined that the PSUs were earned at the maximum performance level.