4//SEC Filing
Brady Edward M JR 4
Accession 0000063296-18-000116
CIK 0000063296other
Filed
Nov 15, 7:00 PM ET
Accepted
Nov 16, 5:04 PM ET
Size
8.1 KB
Accession
0000063296-18-000116
Insider Transaction Report
Form 4
Brady Edward M JR
Chief Information Officer
Transactions
- Tax Payment
Class A Common Stock
2018-11-15$40.55/sh−212$8,597→ 5,536 total - Award
Restricted Share Units
2018-11-14+3,000→ 3,000 totalExercise: $0.00→ Class A Common Stock (3,000 underlying)
Footnotes (3)
- [F1]Sale of Shares to the registrant to cover tax withholding on the vesting of restricted shares.
- [F2]Award of restricted share units under the Company's 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.
- [F3]In general, 40% of the grant vests on November 14, 2021; 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, 2021. 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 adjusted earnings per share thresholds for the period ended September 30, 2021 will be forfeited.
Documents
Issuer
MATTHEWS INTERNATIONAL CORP
CIK 0000063296
Entity typeother
Related Parties
1- filerCIK 0001738651
Filing Metadata
- Form type
- 4
- Filed
- Nov 15, 7:00 PM ET
- Accepted
- Nov 16, 5:04 PM ET
- Size
- 8.1 KB