Form 4 for MATW MATTHEWS INTERNATIONAL CORP
Accepted 2022-11-16 00:00:00 ET · period of report 2022-11-14 · accession 0000063296-22-000092 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-11-16 | 2022-11-15 | MATW | Walters Brian D | SVP, GC | D - Sale to Iss | $0.00 | -1,600 | 37.4K | -4% | $0 |
| D | 2022-11-16 | 2022-11-14 | MATW | Walters Brian D | SVP, GC | F - Tax | $27.60 | -2,083 | 39.0K | -5% | -$57.5K |
| D | 2022-11-16 | 2022-11-14 | MATW | Walters Brian D | SVP, GC | M - OptEx | $0.00 | +4,550 | 41.1K | +12% | $0 |
| D | 2022-11-16 | 2022-11-14 | MATW | Walters Brian D | SVP, GC | A - Grant | $0.00 | +20.0K | 20.0K | New | $0 |
| D | 2022-11-16 | 2022-11-14 | MATW | Walters Brian D | SVP, GC | M - OptEx | $0.00 | -4,550 | 8,450 | -35% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-11-15 | D | D | 1,600 | $0.00 | 37,401 | D | — | — | |
| 2 | Common | Class A Common Stock | 2022-11-14 | F | D | 2,083 | $27.60 | 39,001 | D | — | — | |
| 3 | Common | Class A Common Stock | 2022-11-14 | M | A | 4,550 | $0.00 | 41,084 | D | — | — | |
| 4 | Derivative | Restricted Share Units | 2022-11-14 | A | A | 20,000 | $0.00 | 20,000 | D | $0.00 · — to — | 20,000 Class A Common Stock | (F3) Award of restricted share units under the Company's Amended and Restated 2017 Equity Incentive Plan (the "Plan"), subject to the agreement entered into under the Plan. Each restricted share unit represents a contingent right to receive shares of the Company's common stock as described below. (F4) In general, 40% of the grant vests on November 14, 2025; 30% of the grant vests at target based upon the Company achieving certain metrics based on Return on Invested Capital ("ROIC"); and 30% of the grant vests at target based upon the Company achieving certain metrics based on adjusted earnings per share. Vesting of all units are generally subject to continuing employment through November 14, 2025. Upon vesting, time-based units will be converted to an equal number of shares of the Company's common stock; performance-based units will be converted to the Company's common stock using a factor ranging from 50% to 200% based upon the level of achievement of the performance thresholds related to the above targets. Performance related units that do not achieve the ROIC or earnings per share thresholds by the end of the performance period will be forfeited. |
| 5 | Derivative | Restricted Share Units | 2022-11-14 | M | D | 4,550 | $0.00 | 8,450 | D | $0.00 · — to — | 4,550 Class A Common Stock | (F1) On November 14, 2022, the vesting date, the time-based restricted share units converted into an equal number of shares of the Company's Class A common stock. |