Key facts
- This page summarizes Joseph C. Bartolacci's Form 4 filing for MATTHEWS INTERNATIONAL CORP (MATW).
- 5 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 16 Nov 2022, 15:18.
Joseph C. Bartolacci - 14 Nov 2022 Form 4 Insider Report for MATTHEWS INTERNATIONAL CORP (MATW)
- Reporting relationship
- President and CEO, Director
- Issuer ticker
- MATW
- Reported as of
- 14 Nov 2022
- Net transaction value
- -$338,956
- SEC form
- 4
- Accepted by SEC
- 16 Nov 2022, 15:18:46 UTC
- Prior SEC filing
- 03 May 2022
- Next SEC filing
- 21 Nov 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Brian D. Walters (Attorney-in-Fact)
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Filing notes and source
Key filing fact
Joseph C. Bartolacci filed Form 4 for MATTHEWS INTERNATIONAL CORP (MATW) on 16 Nov 2022.
Change
- Previous filing in this sequence was filed on 03 May 2022.
- Current net transaction value: -$338,956.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
MATW
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +28,245
- Change %
- +8.7%
- Price
- $0.000000
- Shares after
- 353,130
- Date
- 14 Nov 2022
- Ownership
- Direct
- Footnotes
- F1
MATW
transaction
Class A Common Stock
Tax liability
- Transaction value
- -$338,956
- Shares
- -12,281
- Change %
- -3.5%
- Price
- $27.60
- Shares after
- 340,849
- Date
- 14 Nov 2022
- Ownership
- Direct
- Footnotes
- F2
MATW
transaction
Class A Common Stock
Disposed to Issuer
- Transaction value
- $0
- Shares
- -11,250
- Change %
- -3.3%
- Price
- $0.000000
- Shares after
- 329,599
- Date
- 15 Nov 2022
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
MATW
transaction
Derivative
Restricted Share Units
Options Exercise
- Transaction value
- $0
- Shares
- -28,245
- Change %
- -35%
- Price
- $0.000000
- Shares after
- 52,455
- Date
- 14 Nov 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 28,245
- Exercise price
- $0.000000
- Footnotes
- F1
MATW
transaction
Derivative
Restricted Share Units
Award
- Transaction value
- $0
- Shares
- +150,000
- Change %
- Price
- $0.000000
- Shares after
- 150,000
- Date
- 14 Nov 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 150,000
- Exercise price
- $0.000000
- Footnotes
- F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
On November 14, 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.
Footnote F2
Sale of shares to the registrant to cover tax withholding on the vesting of restricted share units.
Footnote F3
Award of restricted share units under the Company's Amended and Restated 2017 Equity Incentive Plan (the "Plan"), subject to the agreement entered into under the Plan. Each restricted share unit represents a contingent right to receive shares of the Company's common stock as described below.
Footnote F4
In general, 40% of the grant vests on November 14, 2025; 30% of the grant vests at target based upon the Company achieving certain metrics based on Return on Invested Capital ("ROIC"); and 30% of the grant vests at target based upon the Company achieving certain metrics based on adjusted earnings per share. Vesting of all units are generally subject to continuing employment through November 14, 2025. Upon vesting, time-based units will be converted to an equal number of shares of the Company's common stock; performance-based units will be converted to the Company's common stock using a factor ranging from 50% to 200% based upon the level of achievement of the performance thresholds related to the above targets. Performance related units that do not achieve the ROIC or earnings per share thresholds by the end of the performance period will be forfeited.
SEC remarks
The Power of Attorney dated February 27, 2018 was filed on November 14, 2018, in Form 4, and is incorporated herein by reference.