Company: CPS
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0001320461-25-000033
Chunk: 134

Company: Cooper-Standard Holdings Inc.
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 134
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$248 RSUs3,861 3,272 1,738 Stock options110 691 1,273 Total$9,161 $7,718 $3,259 Stock OptionsStock option awards are granted at the fair market value of the Company’s stock price at the date of the grant and have a 10-year term. The stock option grants vest over three years from the date of grant.Stock option transactions and related information for the year ended December 31, 2024 was as follows:OptionsWeighted Average Exercise PriceWeighted Average Remaining Contractual Life (Years)Aggregate Intrinsic ValueOutstanding as of January 1, 2024683,944 $58.16 Expired(162,951)$70.01 Outstanding as of December 31, 2024520,993 $54.45 3.6$— Exercisable as of December 31, 2024520,993 $54.45 3.4$— There were no stock options granted or exercised during the years ended December 31, 2024 and 2023.As of December 31, 2024, there was no unrecognized compensation expense for stock options.The fair value of the stock options was estimated at the date of the grant using the Black-Scholes option pricing model. Expected volatility was based on the historical volatility of the Company’s common stock. The expected stock option life was calculated using the simplified method. The risk-free rate is based on the U.S. Treasury zero-coupon issues with a term equal to the expected stock option life on the date the stock options were granted. The fair value of each stock option was estimated using the following assumptions:2021Expected volatility48.65% - 50.50%Dividend yield0.00 %Expected option life - years6.0Risk-free rate0.6% - 0.9%

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)(Dollar amounts in thousands except per share and share amounts)

Restricted Stock and Restricted Stock UnitsThe fair value of the restricted stock and RSUs is determined based on the closing price of the common stock on the date of grant. The restricted stock and RSUs vest over one or three years.Restricted stock and RSUs transactions and related information for the year ended December 31, 2024 was as follows:Restricted Stock and Restricted Stock UnitsWeighted Average Grant