Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MATW | Restricted Share Units | Award | $0 | +4.67K | $0.00 | 4.67K | Mar 7, 2024 | Class A Common Stock | 4.67K | $0.00 | Direct | F1, F2, F3 | |
transaction | MATW | Restricted Share Units | Options Exercise | $0 | -4.26K | -100% | $0.00* | 0 | Mar 10, 2024 | Class A Common Stock | 4.26K | $0.00 | Direct | F4 |
transaction | MATW | Deferred Stock Units under 2019 Director Fee Plan | Options Exercise | $0 | +4.26K | +18.77% | $0.00 | 27K | Mar 10, 2024 | Class A Common Stock | 4.26K | Direct | F4, F5 | |
transaction | MATW | Deferred Stock Units under 2019 Director Fee Plan | Award | $0 | +263 | +0.97% | $0.00 | 27.2K | Mar 10, 2024 | Class A Common Stock | 263 | Direct | F5, F6 |
Id | Content |
---|---|
F1 | Award of restricted share units made under the Amended and Restated 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. |
F2 | The number of restricted share units issued by the Issuer to the Reporting Person was calculated based on $30.00, 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. |
F3 | The award generally vests on March 7, 2026 at which point the units will be converted to an equal number of shares of the Company's Class A common stock. Upon the vesting of this award of restricted share units, the Reporting Person deferred the receipt of the Class A common stock underlying the award subject to a timely deferral election, unless such deferral election is timely modified or revoked pursuant to its terms. |
F4 | On March 10, 2024, the vesting date, the time-based restricted share units converted into an equal number of deferred stock units under the provisions of the Reporting Person's deferral election. |
F5 | Each Deferred Stock Unit ("DSU") is the economic equivalent of one share of Class A common stock. The DSUs become payable in common stock in accordance with a deferral election made by the reporting person or pursuant to the Issuer's Amended and Restated 2019 Director Fee Plan. A copy of such deferral election is on file with the Issuer. |
F6 | DSUs were issued by the Issuer to the Reporting Person pursuant to dividend equivalent rights which are related to the March 10. 2024 restricted share units vesting. |
The Power of Attorney dated February 6, 2018 was filed on February 7, 2018, in Form 4, and is incorporated herein by reference.