Joanne M. Finnorn - 28 Feb 2022 Form 4 Insider Report for SUPERIOR INDUSTRIES INTERNATIONAL INC (SUP)

Signature
/s/ Joanne Finnorn
Issuer symbol
SUP
Transactions as of
28 Feb 2022
Net transactions value
-$41,594
Form type
4
Filing time
02 Mar 2022, 14:53:51 UTC
Previous filing
10 Aug 2021
Next filing
04 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUP Common Stock Award $0 +32,467 +71% $0.000000 78,302 28 Feb 2022 Direct F1
transaction SUP Common Stock Tax liability $35,080 -8,995 -11% $3.90 69,307 28 Feb 2022 Direct F2
transaction SUP Common Stock Options Exercise $0 +6,026 +8.7% $0.000000 75,333 28 Feb 2022 Direct
transaction SUP Common Stock Tax liability $6,513 -1,670 -2.2% $3.90 73,663 28 Feb 2022 Direct F2

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 SUP Restricted Stock Unit Options Exercise $0 -6,026 -13% $0.000000 41,353 28 Feb 2022 Common Stock 6,026 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired upon settlement of performance-based restricted stock units relating to the three-year performance period ending December 31, 2021, which were granted under the 2018 Equity Incentive Plan.
F2 These shares were withheld solely for the purpose of paying taxes due upon the vesting and settlement of restricted stock units that were granted to the Reporting Person under the Company's 2018 Equity Incentive Plan.
F3 Each restricted stock unit represents a contingent right to receive one share of common stock of Superior Industries International, Inc.
F4 The restricted stock units vest and settle in stock in three approximately equal installments on each of the first three anniversaries of the grant date.