Kevin S. Cavanah - May 14, 2021 Form 4 Insider Report for MATRIX SERVICE CO (MTRX)

Role
VP Finance & CFO
Signature
Kevin S. Cavanah
Stock symbol
MTRX
Transactions as of
May 14, 2021
Transactions value $
-$36,757
Form type
4
Date filed
5/18/2021, 12:32 PM
Next filing
Aug 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTRX COMMON STOCK Options Exercise $100K +9.81K +9.15% $10.19 117K May 14, 2021 Direct F1, F2
transaction MTRX COMMON STOCK Sale -$121K -9.81K -8.38% $12.37 107K May 14, 2021 Direct F1, F2, F3
transaction MTRX COMMON STOCK Options Exercise $71.7K +7.04K +6.56% $10.19 114K May 14, 2021 Direct F1, F2
transaction MTRX COMMON STOCK Sale -$87.1K -7.04K -6.16% $12.37 107K May 14, 2021 Direct F1, F2, F3, F4

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 MTRX INCENTIVE STOCK OPTION (RIGHT TO BUY) Options Exercise -9.81K -100% 0 May 14, 2021 COMMON STOCK 9.81K $10.19 Direct F1, F2, F5, F6
transaction MTRX NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) Options Exercise -7.04K -100% 0 May 14, 2021 COMMON STOCK 7.04K $10.19 Direct F1, F2, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 MATRIX SERVICE COMPANY COMMON STOCK.
F2 OPTIONS WERE EXERCISED DUE TO UPCOMING EXPIRATION DATE COMBINED WITH LIMITED TRADING WINDOWS.
F3 THE PRICE REPORTED IS A WEIGHTED AVERAGE PRICE. THESE SHARES WERE SOLD IN MULTIPLE TRANSACTIONS AT PRICES RANGING FROM $12.36 TO $12.42, INCLUSIVE. THE REPORTING PERSON UNDERTAKES TO PROVIDE TO MATRIX SERVICE COMPANY, ANY SECURITY HOLDER OF MATRIX SERVICE COMPANY, OR THE STAFF OF THE SECURITIES AND EXCHANGE COMMISSION, UPON REQUEST, FULL INFORMATION REGARDING THE NUMBER OF SHARES SOLD AT EACH SEPARATE PRICE WITHIN THE RANGE SET FORTH.
F4 INCLUDES 73,950 SHARES OF MATRIX SERVICE COMPANY COMMON STOCK OWNED OUTRIGHT.
F5 THE STOCK OPTION BECAME 100% EXERCISABLE ON THE THIRD ANNIVERSARY DATE OF THE GRANT.
F6 NOT APPLICABLE.