4//SEC Filing
BENNETT RICK J 4
Accession 0000866273-22-000084
CIK 0000866273other
Filed
Aug 31, 8:00 PM ET
Accepted
Sep 1, 3:17 PM ET
Size
14.4 KB
Accession
0000866273-22-000084
Insider Transaction Report
Form 4
BENNETT RICK J
VP & Chief Information Officer
Transactions
- Exercise/Conversion
COMMON STOCK
2022-08-30+1,418→ 31,698 total - Disposition to Issuer
COMMON STOCK
2022-08-30$5.78/sh−1,418$8,196→ 30,280 total - Award
COMMON STOCK
2022-08-30+6,759→ 36,627 total - Tax Payment
COMMON STOCK
2022-08-30$5.78/sh−412$2,381→ 29,868 total - Exercise/Conversion
RESTRICTED STOCK UNITS
2022-08-30−1,418→ 4,253 totalFrom: 2022-08-30Exp: 2025-08-30→ COMMON STOCK (1,418 underlying) - Award
RESTRICTED STOCK UNITS
2022-08-30+6,759→ 6,759 totalFrom: 2023-08-30Exp: 2026-08-30→ COMMON STOCK (6,759 underlying)
Footnotes (8)
- [F1]MATRIX SERVICE COMPANY COMMON STOCK.
- [F2]EACH RESTRICTED STOCK UNIT IS THE ECONOMIC EQUIVALENT OF ONE SHARE OF MATRIX SERVICE COMPANY COMMON STOCK. ALL RESTRICTED STOCK UNITS ARE SETTLED SOLELY IN CASH WHEN VESTED.
- [F3]RESTRICTED STOCK UNIT AWARD - SHARES DISPOSED TO SATISFY TAX OBLIGATION DUE ON VEST DATE FOR SERVICE-BASED GRANT.
- [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. FOR THIS GRANT, 25% WILL VEST EACH YEAR FOR THE NEXT FOUR YEARS ON THE ANNIVERSARY DATES.
- [F5]NOT APPLICABLE.
- [F6]INCLUDES 21,895 SHARES OF MATRIX SERVICE COMPANY COMMON STOCK OWNED OUTRIGHT.
- [F7]FOR THIS SERVICE-BASED AWARD OF CASH-SETTLED RESTRICTED STOCK UNITS, 25% WILL VEST EACH YEAR FROM AUGUST 30, 2022 TO AUGUST 30, 2025.
- [F8]EACH UNIT WILL ENTITLE THE REPORTING PERSON TO THE CASH EQUIVALENT OF 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.
Documents
Issuer
MATRIX SERVICE CO
CIK 0000866273
Entity typeother
Related Parties
1- filerCIK 0001651795
Filing Metadata
- Form type
- 4
- Filed
- Aug 31, 8:00 PM ET
- Accepted
- Sep 1, 3:17 PM ET
- Size
- 14.4 KB