4//SEC Filing
GARCIA TUNON ALVARO 4
Accession 0000063296-24-000030
CIK 0000063296other
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 4:55 PM ET
Size
13.4 KB
Accession
0000063296-24-000030
Insider Transaction Report
Form 4
GARCIA TUNON ALVARO
Director
Transactions
- Award
Restricted Share Units
2024-03-07+4,668→ 4,668 totalExercise: $0.00→ Class A Common Stock (4,668 underlying) - Exercise/Conversion
Deferred Stock Units under 2019 Director Fee Plan
2024-03-10+4,263→ 26,976 total→ Class A Common Stock (4,263 underlying) - Award
Deferred Stock Units under 2019 Director Fee Plan
2024-03-10+263→ 27,239 total→ Class A Common Stock (263 underlying) - Exercise/Conversion
Restricted Share Units
2024-03-10−4,263→ 0 totalExercise: $0.00→ Class A Common Stock (4,263 underlying)
Footnotes (6)
- [F1]Award of restricted share units made under the Amended and Restated 2019 Director Fee Plan subject to the agreement entered into under the Plan. Each restricted share unit represents a contingent right to receive one share of the Company's Class A common stock.
- [F2]The number of restricted share units issued by the Issuer to the Reporting Person was calculated based on $30.00, which represents the mean of the highest and lowest sales prices per share of the Issuer's Class A common stock on the Nasdaq Exchange on the date of issuance.
- [F3]The award generally vests on March 7, 2026 at which point the units will be converted to an equal number of shares of the Company's Class A common stock. Upon the vesting of this award of restricted share units, the Reporting Person deferred the receipt of the Class A common stock underlying the award subject to a timely deferral election, unless such deferral election is timely modified or revoked pursuant to its terms.
- [F4]On March 10, 2024, the vesting date, the time-based restricted share units converted into an equal number of deferred stock units under the provisions of the Reporting Person's deferral election.
- [F5]Each Deferred Stock Unit ("DSU") is the economic equivalent of one share of Class A common stock. The DSUs become payable in common stock in accordance with a deferral election made by the reporting person or pursuant to the Issuer's Amended and Restated 2019 Director Fee Plan. A copy of such deferral election is on file with the Issuer.
- [F6]DSUs were issued by the Issuer to the Reporting Person pursuant to dividend equivalent rights which are related to the March 10. 2024 restricted share units vesting.
Documents
Issuer
MATTHEWS INTERNATIONAL CORP
CIK 0000063296
Entity typeother
Related Parties
1- filerCIK 0001244225
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 4:55 PM ET
- Size
- 13.4 KB