MATTHEWS INTERNATIONAL CORP 4/A
4/A · MATTHEWS INTERNATIONAL CORP · Filed Dec 5, 2016
Insider Transaction Report
Form 4/AAmended
Marsh Robert M
Vice President and Treasurer
Transactions
- Tax Payment
Class A Common Stock
2016-11-17$67.40/sh−86$5,796→ 11,381 total - Award
Class A Common Stock
2016-11-16+3,000→ 11,381 total
Footnotes (2)
- [F1]Award of restricted stock under the Company's 2012 Equity Incentive Plan, subject to the agreement entered into under the Plan. In general, 50% of the shares vest on November 16, 2019, subject to continuing employment at that time; 25% of the shares vest in increments of one-third upon the stock price of the Company reaching 105%, 115% and 125% of the price of the Company's common stock on the date of the award for ten consecutive trading days, respectively; and 25% of the shares vest in increments of one-third upon the adjusted earnings per shares of the Company reaching $3.65, $3.94 and $4.26; and in any event no earlier than one year from the date of the grant, subject to continuing employment at that time. Shares that do not achieve the stock price thresholds on or before November 16, 2021 will be forfeited. Shares that do not achieve the adjusted earnings per share thresholds on or before November 16, 2019 will be forfeited.
- [F2]Sale of shares to the registrant to cover tax withholdings on the vesting of restricted shares.