MATRIX SERVICE CO|4Sep 1, 3:17 PM ET

BENNETT RICK J 4

4 · MATRIX SERVICE CO · Filed Sep 1, 2022

Form 4

Period: 2022-08-30

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 total
From: 2022-08-30Exp: 2025-08-30→ COMMON STOCK (1,418 underlying)
Award
RESTRICTED STOCK UNITS
2022-08-30+6,759→ 6,759 total
From: 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.

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