4//SEC Filing
Downard Andrew 4
Accession 0001562180-25-002431
CIK 0001000623other
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 9:24 PM ET
Size
28.4 KB
Accession
0001562180-25-002431
Insider Transaction Report
Form 4
Downard Andrew
Chief Supply Chain Officer
Transactions
- Disposition to Issuer
Common Stock
2024-02-16$12.73/sh−1,200$15,276→ 82 total - Award
Restricted Stock Units
2024-04-26+12,546→ 12,546 total→ Common Stock (12,546 underlying) - Award
Restricted Stock Units
2024-01-30+3,600→ 3,600 total→ Common Stock (3,600 underlying) - Exercise/Conversion
Common Stock
2024-02-16+1,200→ 1,282 total - Exercise/Conversion
Restricted Stock Units
2025-02-16−1,200→ 1,200 total→ Common Stock (1,200 underlying) - Exercise/Conversion
Common Stock
2025-02-16+1,200→ 3,983 total - Disposition to Issuer
Common Stock
2025-02-16$9.10/sh−1,200$10,920→ 82 total - Exercise/Conversion
Common Stock
2025-02-13+4,182→ 4,346 total - Tax Payment
Common Stock
2025-02-13$8.74/sh−1,481$12,944→ 2,865 total - Exercise/Conversion
Restricted Stock Units
2025-02-13−4,182→ 8,364 total→ Common Stock (4,182 underlying) - Exercise/Conversion
Restricted Stock Units
2024-02-16−1,200→ 2,400 total→ Common Stock (1,200 underlying)
Footnotes (7)
- [F1]On January 30, 2024, the reporting person was granted 3,600 RSUs subject to time vesting. Such RSUs vest in three equal annual installments beginning on February 16, 2024 and each anniversary thereafter. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. 1,200 RSUs vested on each of February 16, 2024 and 2025.
- [F2]The reporting person's number of shares of common stock owned was previously overstated by 18,083 shares due to (i) a number of RSUs that should have been reported in Table II instead of Table I on the reporting person's Form 4 documents filed on March 11, 2024 and April 30, 2024 and (ii) a clerical error in recording an acquisition of 15,683 RSUs instead of 12,546 RSUs on the reporting person's Form 4 filed on April 30, 2024.
- [F3]The transaction reflects the cash settlement of 1,200 vested RSUs on each of February 16, 2024 and 2025.
- [F4]On April 26, 2024, the reporting person was 12,546 restricted stock units ("RSUs") subject to time vesting. Such RSUs vest in three equal annual installments beginning on February 13, 2025 and each anniversary thereafter. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. 4,182 RSUs vested on February 13, 2025.
- [F5]Shares withheld to satisfy tax withholding obligation arising upon the vesting of RSUs.
- [F6]These RSUs were incorrectly disclosed in Table I on the reporting person's Form 4 documents filed on April 30, 2024.
- [F7]These RSUs were incorrectly disclosed in Table I on the reporting person's Form 4 documents filed on March 11, 2024.
Issuer
Mativ Holdings, Inc.
CIK 0001000623
Entity typeother
Related Parties
1- filerCIK 0002013794
Filing Metadata
- Form type
- 4
- Filed
- Mar 13, 8:00 PM ET
- Accepted
- Mar 14, 9:24 PM ET
- Size
- 28.4 KB