DURKIN KEVIN A 4
4 · MATRIX SERVICE CO · Filed Aug 28, 2024
Insider Transaction Report
Form 4
DURKIN KEVIN A
VP Business Development MSI
Transactions
- Award
COMMON STOCK
2024-08-27+6,801→ 78,608 total - Award
RESTRICTED STOCK UNITS
2024-08-27+6,801→ 6,801 totalFrom: 2025-08-27Exp: 2028-08-27→ COMMON STOCK (6,801 underlying)
Footnotes (5)
- [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]INCLUDES 54,342 SHARES OF MATRIX SERVICE COMPANY COMMON STOCK OWNED OUTRIGHT.
- [F4]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.
- [F5]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.