Morgan K. Obrien - Mar 10, 2022 Form 4 Insider Report for MATTHEWS INTERNATIONAL CORP (MATW)

Role
Director
Signature
/s/ Brian D. Walters (Attorney-in-Fact)
Stock symbol
MATW
Transactions as of
Mar 10, 2022
Transactions value $
$0
Form type
4
Date filed
3/14/2022, 10:39 AM
Next filing
Mar 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MATW Class A Common Stock Options Exercise $0 +5.64K +28.25% $0.00 25.6K Mar 12, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MATW Restricted Share Units Options Exercise $0 -5.64K -100% $0.00* 0 Mar 12, 2022 Class A Common Stock 5.64K $0.00 Direct F1
transaction MATW Restricted Share Units Award $0 +4.26K $0.00 4.26K Mar 10, 2022 Class A Common Stock 4.26K $0.00 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 12, 2022, the vesting date, the time-based restricted share units converted into an equal number of shares of the Company's Class A common stock.
F2 Award of restricted share units made under the 2019 Director Fee Plan subject to the agreement entered into under the Plan. Each restricted share unit represents a contingent right to receive one share of the Company's Class A common stock.
F3 The number of restricted share units issued by the Issuer to the Reporting Person was calculated based on $32.85, which represents the mean of the highest and lowest sales prices per share of the Issuer's Class A common stock on the Nasdaq Exchange on the date of issuance.
F4 The award generally vests on March 10, 2024 at which point the units will be converted to an equal number of shares of the Company's Class A common stock.

Remarks:

The Power of Attorney dated November 17, 2017 was filed on March 9, 2018, in Form 4, and is incorporated herein by reference.