Majdi Abulaban Form 4 SUPERIOR INDUSTRIES INTERNATIONAL / Majdi Abulaban ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Abulaban Majdi

(Last) (First) (Middle)

26600 TELEGRAPH ROAD, SUITE 400

(Street)

SOUTHFIELD MI 48033

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SUPERIOR INDUSTRIES INTERNATIONAL INC [ SUP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2023

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/02/2023		M		52,469	A	$0.00	1,096,478	D
Common Stock	03/02/2023		F(1)		22,877	D	$5.94	1,073,601	D
Common Stock	03/02/2023		M		66,199	A	$0.00	1,139,800	D
Common Stock	03/02/2023		F(1)		28,863	D	$5.94	1,110,937	D
Common Stock	03/03/2023		M		81,800	A	$0.00	1,192,737	D
Common Stock	03/03/2023		F(1)		35,665	D	$6.74	1,157,072	D
Common Stock	03/03/2023		A(2)		489,069	A	$0.00	1,646,141	D
Common Stock	03/03/2023		F(1)		213,235	D	$6.74	1,432,906	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(3)	03/02/2023		M			52,469	(4)	(4)	Common Stock	52,469	$0.00	332,867	D
Restricted Stock Unit	(3)	03/02/2023		M			66,199	(5)	(5)	Common Stock	66,199	$0.00	266,668	D
Restricted Stock Unit	(3)	03/03/2023		M			81,800	(6)	(6)	Common Stock	81,800	$0.00	184,868	D

Explanation of Responses:

1. These shares were withheld for the payment of taxes due upon the settlement of restricted stock units granted to the Reporting Person under the Company's 2018 Equity Incentive Plan.

2. Shares acquired upon settlement of performance-based restricted stock units relating to the three-year performance period ending December 31, 2022, granted under the 2018 Equity Incentive Plan.

3. Each restricted stock unit represents a contingent right to receive one share of common stock of Superior Industries International, Inc.

4. The restricted stock units vest ratably in three equal installments on May 25, 2022, March 2, 2023 and March 2, 2024.

5. The restricted stock units vest ratably in three equal installments on March 2, 2023, March 2, 2024 and March 2, 2025.

6. The restricted stock units vest ratably in three equal installments on March 3, 2021, March 3, 2022 and March 3, 2023.

Remarks:

	/s/ David M Sherbin, Attorney-in-Fact	03/06/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
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