4//SEC Filing
DUNN BRIAN J 4
Accession 0000063296-21-000118
CIK 0000063296other
Filed
Nov 18, 7:00 PM ET
Accepted
Nov 19, 3:07 PM ET
Size
6.5 KB
Accession
0000063296-21-000118
Insider Transaction Report
Form 4
DUNN BRIAN J
Grp Pres., Graphics & Marking
Transactions
- Award
Restricted Share Units
2021-11-17+17,000→ 17,000 totalExercise: $0.00→ Class A Common Stock (17,000 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, 40% of the grant vests on November 17, 2024; 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 17, 2024. 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 earnings per share thresholds by the end of the performance period will be forfeited.
Documents
Issuer
MATTHEWS INTERNATIONAL CORP
CIK 0000063296
Entity typeother
Related Parties
1- filerCIK 0001213120
Filing Metadata
- Form type
- 4
- Filed
- Nov 18, 7:00 PM ET
- Accepted
- Nov 19, 3:07 PM ET
- Size
- 6.5 KB