Form 4 for MTRX MATRIX SERVICE CO
Accepted 2023-08-31 00:00:00 ET · period of report 2023-08-29 · accession 0000866273-23-000048 · 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 | 2023-08-31 | 2023-08-29 | MTRX | SHEETS JUSTIN D | VP, GC | A - Grant | $0.00 | +13.9K | 69.1K | +25% | $0 |
| DM | 2023-08-31 | 2023-08-30 | MTRX | SHEETS JUSTIN D | VP, GC | M - OptEx | — | +4,739 | 71.7K | +7% | — |
| DM | 2023-08-31 | 2023-08-30 | MTRX | SHEETS JUSTIN D | VP, GC | D - Sale to Iss | $8.53 | -4,739 | 69.1K | -6% | -$40.4K |
| DM | 2023-08-31 | 2023-08-30 | MTRX | SHEETS JUSTIN D | VP, GC | F - Tax | $8.53 | -1,852 | 67.3K | -3% | -$15.8K |
| DM | 2023-08-31 | 2023-08-30 | MTRX | SHEETS JUSTIN D | VP, GC | M - OptEx | $0.00 | -4,739 | 4,324 | -52% | $0 |
| D | 2023-08-31 | 2023-08-29 | MTRX | SHEETS JUSTIN D | VP, GC | A - Grant | $0.00 | +13.9K | 13.9K | New | $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 | COMMON STOCK | 2023-08-29 | A | A | 13,930 | $0.00 | 69,129 | D | — | — | (F1) MATRIX SERVICE COMPANY COMMON STOCK. (F2) RESTRICTED STOCK UNIT - EACH UNIT WILL ENTITLE THE REPORTING PERSON TO ONE SHARE OF MATRIX SERVICE COMPANY COMMON STOCK IF AND WHEN THE CONDITIONS OF THE RESTRICTION HAVE BEEN SATISFIED. FOR THIS GRANT, 25% WILL VEST EACH YEAR FOR THE NEXT FOUR YEARS ON THE ANNIVERSARY DATES. |
| 2 | Common | COMMON STOCK | 2023-08-30 | M | A | 2,162 | — | 71,291 | D | — | — | (F1) MATRIX SERVICE COMPANY COMMON STOCK. (F3) EACH RESTRICTED STOCK UNIT IS THE ECONOMIC EQUIVALENT OF ONE SHARE OF MATRIX SERVICE COMPANY COMMON STOCK. ALL RESTRICTED STOCK UNITS ARE SETTLED SOLELY IN CASH WHEN VESTED. |
| 3 | Common | COMMON STOCK | 2023-08-30 | D | D | 2,162 | $8.53 | 69,129 | D | — | — | (F1) MATRIX SERVICE COMPANY COMMON STOCK. |
| 4 | Common | COMMON STOCK | 2023-08-30 | M | A | 2,577 | — | 71,706 | D | — | — | (F1) MATRIX SERVICE COMPANY COMMON STOCK. (F3) EACH RESTRICTED STOCK UNIT IS THE ECONOMIC EQUIVALENT OF ONE SHARE OF MATRIX SERVICE COMPANY COMMON STOCK. ALL RESTRICTED STOCK UNITS ARE SETTLED SOLELY IN CASH WHEN VESTED. |
| 5 | Common | COMMON STOCK | 2023-08-30 | D | D | 2,577 | $8.53 | 69,129 | D | — | — | (F1) MATRIX SERVICE COMPANY COMMON STOCK. |
| 6 | Common | COMMON STOCK | 2023-08-30 | F | D | 845 | $8.53 | 68,284 | D | — | — | (F1) MATRIX SERVICE COMPANY COMMON STOCK. (F4) RESTRICTED STOCK UNIT AWARD - SHARES DISPOSED TO SATISFY TAX OBLIGATION DUE ON VEST DATE FOR SERVICE-BASED GRANT. |
| 7 | Common | COMMON STOCK | 2023-08-30 | F | D | 1,007 | $8.53 | 67,277 | D | — | — | (F1) MATRIX SERVICE COMPANY COMMON STOCK. (F4) RESTRICTED STOCK UNIT AWARD - SHARES DISPOSED TO SATISFY TAX OBLIGATION DUE ON VEST DATE FOR SERVICE-BASED GRANT. (F5) INCLUDES 39,304 SHARES OF MATRIX SERVICE COMPANY COMMON STOCK OWNED OUTRIGHT. |
| 8 | Derivative | RESTRICTED STOCK UNITS | 2023-08-30 | M | D | 2,577 | $0.00 | 7,730 | D | — · 2023-08-30 to 2026-08-30 | 2,577 COMMON STOCK | (F3) EACH RESTRICTED STOCK UNIT IS THE ECONOMIC EQUIVALENT OF ONE SHARE OF MATRIX SERVICE COMPANY COMMON STOCK. ALL RESTRICTED STOCK UNITS ARE SETTLED SOLELY IN CASH WHEN VESTED. (F8) FOR THIS SERVICE-BASED AWARD OF CASH-SETTLED RESTRICTED STOCK UNITS, 25% WILL VEST EACH YEAR FROM AUGUST 30, 2023 TO AUGUST 30, 2026. |
| 9 | Derivative | RESTRICTED STOCK UNITS | 2023-08-29 | A | A | 13,930 | $0.00 | 13,930 | D | — · 2024-08-29 to 2027-08-29 | 13,930 COMMON STOCK | (F6) EACH UNIT WILL ENTITLE THE REPORTING PERSON TO THE CASH EQUIVALENT OF ONE SHARE OF MATRIX SERVICE COMPANY COMMON STOCK IF AND WHEN THE CONDITIONS OF THE RESTRICTION HAVE BEEN SATISFIED. FOR THIS GRANT, 25% WILL VEST EACH YEAR FOR THE NEXT FOUR YEARS ON THE ANNIVERSARY DATES. (F3) EACH RESTRICTED STOCK UNIT IS THE ECONOMIC EQUIVALENT OF ONE SHARE OF MATRIX SERVICE COMPANY COMMON STOCK. ALL RESTRICTED STOCK UNITS ARE SETTLED SOLELY IN CASH WHEN VESTED. |
| 10 | Derivative | RESTRICTED STOCK UNITS | 2023-08-30 | M | D | 2,162 | $0.00 | 4,324 | D | — · 2022-08-30 to 2025-08-30 | 2,162 COMMON STOCK | (F3) EACH RESTRICTED STOCK UNIT IS THE ECONOMIC EQUIVALENT OF ONE SHARE OF MATRIX SERVICE COMPANY COMMON STOCK. ALL RESTRICTED STOCK UNITS ARE SETTLED SOLELY IN CASH WHEN VESTED. (F7) FOR THIS SERVICE-BASED AWARD OF CASH-SETTLED RESTRICTED STOCK UNITS, 25% WILL VEST EACH YEAR FROM AUGUST 30, 2022 TO AUGUST 30, 2025. |