4//SEC Filing
Marsh Robert M 4
Accession 0000063296-20-000084
CIK 0000063296other
Filed
Nov 17, 7:00 PM ET
Accepted
Nov 18, 5:48 PM ET
Size
8.1 KB
Accession
0000063296-20-000084
Insider Transaction Report
Form 4
Marsh Robert M
Vice President and Treasurer
Transactions
- Tax Payment
Class A Common Stock
2020-11-16$26.03/sh−278$7,236→ 17,604 total - Award
Restricted Share Units
2020-11-16+3,600→ 3,600 totalExercise: $0.00→ Class A Common Stock (3,600 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, 50% of the grant vests on November 16, 2023; 25% of the grant vests at target based upon the Company achieving certain metrics based on Return on Invested Capital ("ROIC"); and 25% of the grant vests at target based upon stock price appreciation for the Company's common stock. Vesting of all units are generally subject to continuing employment through November 16, 2023. 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 stock price appreciation thresholds by the end of the performance period will be forfeited.
Documents
Issuer
MATTHEWS INTERNATIONAL CORP
CIK 0000063296
Entity typeother
Related Parties
1- filerCIK 0001667195
Filing Metadata
- Form type
- 4
- Filed
- Nov 17, 7:00 PM ET
- Accepted
- Nov 18, 5:48 PM ET
- Size
- 8.1 KB