4//SEC Filing
Kohl Gary Raymond 4
Accession 0000063296-22-000088
CIK 0000063296other
Filed
Nov 15, 7:00 PM ET
Accepted
Nov 16, 4:19 PM ET
Size
13.1 KB
Accession
0000063296-22-000088
Insider Transaction Report
Form 4
Kohl Gary Raymond
President SGK
Transactions
- Disposition to Issuer
Class A Common Stock
2022-11-15−600→ 18,113 total - Exercise/Conversion
Restricted Share Units
2022-11-14−5,600→ 10,400 totalExercise: $0.00→ Class A Common Stock (5,600 underlying) - Award
Restricted Share Units
2022-11-14+18,500→ 18,500 totalExercise: $0.00→ Class A Common Stock (18,500 underlying) - Exercise/Conversion
Class A Common Stock
2022-11-14+5,600→ 20,688 total - Tax Payment
Class A Common Stock
2022-11-14$27.60/sh−1,975$54,510→ 18,713 total
Footnotes (4)
- [F1]On November 14, 2022, the vesting date, the time-based restricted share units converted into an equal number of shares of the Company's Class A common stock.
- [F2]Sale of shares to the registrant to cover tax withholding on the vesting of restricted share units.
- [F3]Award of restricted share units under the Company's Amended and Restated 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.
- [F4]In general, 40% of the grant vests on November 14, 2025; 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, 2025. 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 0001738561
Filing Metadata
- Form type
- 4
- Filed
- Nov 15, 7:00 PM ET
- Accepted
- Nov 16, 4:19 PM ET
- Size
- 13.1 KB