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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Performance Shares | (1) | 03/30/2018 | M | 34,248 | (1) | (1) | Common Shares, without par value | 34,248 | $ 0 | 65,342 (2) | D | ||||
Performance Shares | (1) | 03/30/2018 | F | 1,962 | (1) | (1) | Common Shares, without par value | 1,962 | (1) | 63,380 (2) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
BEAVER THOMAS A 39675 MACKENZIE DRIVE, SUITE 400 NOVI, MI 48377 |
Vice President - Global Sales |
/s/ Robert M. Loesch, by power of attorney | 03/30/2018 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | On March 30, 2015 the Reporting Person was granted under the Company Long-Term Incentive Plan 36,210 performance shares, vesting (if earned) on March 30, 2018; 12,780 of the performance shares were time-based and were earned and vested on March 30, 2018 and were paid on a one-for-one basis in common shares and 23,430 performance shares were time-based and performance based. Of the time and performance based performance shares, 21,468 were earned and vested on March 30, 2018 and were paid on a one-for-one basis in common shares and 1,962 performance shares were not earned. |
(2) | Includes performance shares and time-based share units vesting (if earned) in 2019, 2020 and 2021. |