Gregory S. Babe - 17 Nov 2022 Form 4 Insider Report for MATTHEWS INTERNATIONAL CORP (MATW)

Role
Chief Technology Officer, Director
Signature
/s/ Brian D. Walters (Attorney-in-Fact)
Issuer symbol
MATW
Transactions as of
17 Nov 2022
Net transactions value
-$57,669
Form type
4
Filing time
21 Nov 2022, 15:15:45 UTC
Previous filing
16 Nov 2022
Next filing
20 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MATW Class A Common Stock Options Exercise $0 +7,273 +19% $0.000000 45,227 17 Nov 2022 Direct F1
transaction MATW Class A Common Stock Tax liability $57,669 -2,094 -4.6% $27.54 43,133 17 Nov 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 -4,225 -100% $0.000000* 0 17 Nov 2022 Class A Common Stock 7,273 $0.000000 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 22, 2017 was filed on January 23, 2018, in Form 4, and is incorporated herein by reference.