4//SEC Filing
Brkovich Davor 4
Accession 0000063296-24-000087
CIK 0000063296other
Filed
Nov 19, 7:00 PM ET
Accepted
Nov 20, 3:59 PM ET
Size
11.8 KB
Accession
0000063296-24-000087
Insider Transaction Report
Form 4
Brkovich Davor
Chief Information Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2024-11-17+9,300→ 18,329 total - Tax Payment
Class A Common Stock
2024-11-17$23.76/sh−4,044$96,085→ 14,414 total - Exercise/Conversion
Restricted Share Units
2024-11-17−9,300→ 3,600 totalExercise: $0.00→ Class A Common Stock (9,300 underlying) - Award
Restricted Share Units
2024-11-18+7,500→ 7,500 totalExercise: $0.00→ Class A Common Stock (7,500 underlying)
Footnotes (4)
- [F1]On November 17, 2024, 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 18, 2027; 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 18, 2027. 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 0001799675
Filing Metadata
- Form type
- 4
- Filed
- Nov 19, 7:00 PM ET
- Accepted
- Nov 20, 3:59 PM ET
- Size
- 11.8 KB