TURNER JASON W 4
4 · MATRIX SERVICE CO · Filed Aug 29, 2018
Insider Transaction Report
Form 4
TURNER JASON W
Vice President & Treasurer
Transactions
- Award
COMMON STOCK
2018-08-27+1,933→ 46,822 total - Award
COMMON STOCK
2018-08-27+6,938→ 44,889 total - Tax Payment
COMMON STOCK
2018-08-29$21.32/sh−880$18,766→ 45,942 total
Footnotes (6)
- [F1]MATRIX SERVICE COMPANY COMMON STOCK.
- [F2]RESTRICTED STOCK UNIT - EACH UNIT WILL ENTITLE THE REPORTING PERSON TO ONE SHARE OF MATRIX SERVICE COMPANY COMMON STOCK IF AND WHEN THE CONDITIONS OF THE RESTRICTION HAVE BEEN SATISFIED. FOR THIS GRANT, 25% WILL VEST EACH YEAR FOR THE NEXT FOUR YEARS ON THE ANNIVERSARY DATES.
- [F3]NOT APPLICABLE.
- [F4]RESTRICTED STOCK UNIT - EACH UNIT WILL ENTITLE THE REPORTING PERSON TO ONE SHARE OF MATRIX SERVICE COMPANY COMMON STOCK IF AND WHEN THE CONDITIONS OF THE RESTRICTION HAVE BEEN SATISFIED. THIS AWARD WAS EARNED UNDER THE COMPANY'S SHORT-TERM INCENTIVE COMPENSATION PLAN FOR FISCAL 2018 SAFETY PERFORMANCE AND WILL VEST ON THE FIRST ANNIVERSARY DATE OF THE AWARD.
- [F5]RESTRICTED STOCK UNIT AWARD - SHARES DISPOSED TO SATISFY TAX OBLIGATION DUE ON VEST DATE FOR TIME-BASED GRANT.
- [F6]INCLUDES 22,745 SHARES OF MATRIX SERVICE COMPANY COMMON STOCK OWNED OUTRIGHT.