Gary Raymond Kohl - Nov 17, 2022 Form 4 Insider Report for MATTHEWS INTERNATIONAL CORP (MATW)

Role: President SGK
Signature: /s/ Brian D. Walters (Attorney-in-Fact)
Stock symbol: MATW
Transactions as of: Nov 17, 2022
Transactions value $: -$87,742
Form type: 4
Date filed: 11/21/2022, 03:15 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	+8.95K	+49.42%	$0.00	27.1K	Nov 17, 2022	Direct	F1
transaction	MATW	Class A Common Stock	Tax liability	-$87.7K	-3.19K	-11.77%	$27.54	23.9K	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	-5.2K	-100%	$0.00^*	0	Nov 17, 2022	Class A Common Stock	8.95K	$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 April 23, 2018 was filed on April 25, 2018, in Form 3, and is incorporated herein by reference.