MaryAnn Peterson Kanary - Feb 12, 2025 Form 4 Insider Report for Cooper-Standard Holdings Inc. (CPS)

Signature
/s/ Denise Balog, on behalf of MaryAnn Peterson Kanary under power of attorney
Stock symbol
CPS
Transactions as of
Feb 12, 2025
Transactions value $
-$156,435
Form type
4
Date filed
2/14/2025, 02:53 PM
Previous filing
Aug 12, 2024
Next filing
Mar 4, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPS Common stock Options Exercise +10.9K +420.29% 13.4K Feb 12, 2025 Direct F1
transaction CPS Common stock Disposed to Issuer -$156K -10.9K -80.78% $14.41 2.58K Feb 12, 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CPS Restricted Stock Units Award $0 +15K $0.00 15K Feb 12, 2025 Common stock 15K Direct F2, F3, F4
transaction CPS Performance Stock Units Award $0 +5.13K $0.00 5.13K Feb 12, 2025 Common stock 5.13K Direct F1, F5, F6, F7
transaction CPS Performance Stock Units Options Exercise $0 -10.9K -100% $0.00 0 Feb 12, 2025 Common stock 10.9K Direct F8, F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Company in its sole discretion settles such performance-based stock units (PSUs) by delivering an amount of cash equal to the fair market value of a number of shares equal to the number of PSUs that have vested.
F2 These are time-based restricted stock units (RSUs) granted to the reporting person on February 12, 2025, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan, as amended and restated.
F3 The company settles such RSUs by making an appropriate book entry in the reporting person's name for a number of shares equal to the number of RSU's that have vested.
F4 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 the date of March 1, 2025.
F5 Represents performance-based stock units (PSUs) granted to the reporting person on February 15, 2023, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan, as amended and restated, which were deemed to have satisfied the portion of the performance vesting criteria applicable for the year ended December 31, 2024, as determined by the Company on February 12, 2025
F6 Represents the date on which the Company determined the number of PSUs actually achieved by the reporting person based on the achievement of certain performance vesting criteria.
F7 Subject to the reporting person's continued employment with the company or its affiliates through December 31, 2025, these PSUs shall vest and no longer be subject to forfeiture and will settle on or as soon as practicable following February 12, 2026.
F8 Represents performance-based stock units (PSUs) granted to the reporting person on February 15, 2023, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan, as amended and restated, which were deemed to have satisfied the portion of the performance vesting criteria applicable for the year ended December 31, 2023, as determined by the Company on February 14, 2024.
F9 The Company in its sole discretion settles such PSUs by delivering an amount of cash equal to the fair market value of a number of shares equal to the number of PSUs that have vested.
F10 Subject to the reporting person's continued employment with the company or its affiliates through December 31, 2024, these PSUs shall vest and no longer be subject to forfeiture and will settle on or as soon as practicable following February 12, 2025.

Remarks:

SVP, Chief Legal Officer and Secretary