UPDYKE ALAN R 4
4 · MATRIX SERVICE CO · Filed Aug 27, 2024
Insider Transaction Report
Form 4
UPDYKE ALAN R
President, Matrix Service
Transactions
- Tax Payment
COMMON STOCK
2024-08-24$10.00/sh−1,812$18,120→ 119,261 total - Exercise/Conversion
RESTRICTED STOCK UNITS
2024-08-24−3,751→ 0 totalFrom: 2021-08-24Exp: 2024-08-24→ COMMON STOCK (3,751 underlying) - Disposition to Issuer
COMMON STOCK
2024-08-24$10.00/sh−3,751$37,510→ 121,073 total - Exercise/Conversion
COMMON STOCK
2024-08-24+3,751→ 124,824 total
Footnotes (5)
- [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]INCLUDES 70,272 SHARES OF MATRIX SERVICE COMPANY COMMON STOCK OWNED OUTRIGHT.
- [F5]FOR THIS SERVICE-BASED AWARD OF CASH-SETTLED RESTRICTED STOCK UNITS, 25% WILL VEST EACH YEAR FROM AUGUST 24, 2021 TO AUGUST 24, 2024.