4//SEC Filing
Campbell Marcy L 4
Accession 0000063296-19-000088
CIK 0000063296other
Filed
Nov 13, 7:00 PM ET
Accepted
Nov 14, 5:12 PM ET
Size
6.6 KB
Accession
0000063296-19-000088
Insider Transaction Report
Form 4
Campbell Marcy L
Other
Transactions
- Award
Restricted Share Units
2019-11-12+8,000→ 8,000 totalExercise: $0.00→ Class A Common Stock (8,000 underlying)
Footnotes (2)
- [F1]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.
- [F2]In general, 35% of the grant vests on November 12, 2022; 32.5% of the grant vests at target based upon the Company achieving certain metrics based on Return on Invested Capital ("ROIC"); and 32.5% 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 12, 2022. 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, 2022 will be forfeited.
Documents
Issuer
MATTHEWS INTERNATIONAL CORP
CIK 0000063296
Entity typeother
Related Parties
1- filerCIK 0001625610
Filing Metadata
- Form type
- 4
- Filed
- Nov 13, 7:00 PM ET
- Accepted
- Nov 14, 5:12 PM ET
- Size
- 6.6 KB