Steven D. Gackenbach - Nov 17, 2022 Form 4 Insider Report for MATTHEWS INTERNATIONAL CORP (MATW)

Role
Group President, Memorializati
Signature
/s/ Brian D. Walters (Attorney-in-Fact)
Stock symbol
MATW
Transactions as of
Nov 17, 2022
Transactions value $
-$57,063
Form type
4
Date filed
11/21/2022, 03:12 PM
Previous filing
Nov 16, 2022
Next filing
Nov 15, 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 +7.27K +12.31% $0.00 66.3K Nov 17, 2022 Direct F1
transaction MATW Class A Common Stock Tax liability -$57.1K -2.07K -3.12% $27.54 64.3K Nov 17, 2022 Direct F2

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 -4.23K -100% $0.00* 0 Nov 17, 2022 Class A Common Stock 7.27K $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 17, 2022, the vesting date, the return on invested capital performance-based restricted share units converted into shares of the Company's Class A common stock at a rate of 172.15%. The remaining shares subject to the restricted stock unit award were forfeited.
F2 Sale of shares to the registrant to cover tax withholding on the vesting of restricted share units.

Remarks:

The Power of Attorney dated November 17, 2017 was filed on November 14, 2018, in Form 4, and is incorporated herein by reference.