Thomas Tesoro - 10 Nov 2021 Form 4 Insider Report for STANDARD MOTOR PRODUCTS, INC. (SMP)

Role
CHRO
Signature
/s/ Thomas Tesoro
Issuer symbol
SMP
Transactions as of
10 Nov 2021
Transactions value $
-$49,106
Form type
4
Filing time
12 Nov 2021, 14:48:39 UTC
Previous filing
03 Nov 2021
Next filing
04 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMP Common Stock Sale -$49,105 -950 -4.1% $51.69 22,383 10 Nov 2021 Direct F1
holding SMP Common Stock 2,024 10 Nov 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was a broker-assisted sale of shares to cover the payment of withholding tax liability incurred upon the vesting of restricted stock issued to the reporting person under the Company's Amended and Restated 2016 Omnibus Incentive Plan. This transaction was executed in multiple trades at a price of $51.69. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares at which the transaction was effected.
F2 ESOP shares beneficially owned. Allocations and/or dispositions may have occurred since the date of the reporting person's last ownership report.