4//SEC Filing
Awenowicz Ronald C 4
Accession 0000063296-23-000091
CIK 0000063296other
Filed
Nov 14, 7:00 PM ET
Accepted
Nov 15, 11:19 AM ET
Size
6.6 KB
Accession
0000063296-23-000091
Insider Transaction Report
Form 4
Awenowicz Ronald C
SVP, HR
Transactions
- Award
Restricted Share Units
2023-11-13+4,200→ 4,200 totalExercise: $0.00→ Class A Common Stock (4,200 underlying)
Footnotes (2)
- [F1]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.
- [F2]In general, 40% of the grant vests on November 13, 2026; 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 stock price appreciation for the Company's common stock. Vesting of all units are generally subject to continuing employment through November 13, 2026. 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 0001868527
Filing Metadata
- Form type
- 4
- Filed
- Nov 14, 7:00 PM ET
- Accepted
- Nov 15, 11:19 AM ET
- Size
- 6.6 KB