John R. Hewitt - 24 Aug 2021 Form 4 Insider Report for MATRIX SERVICE CO (MTRX)

Role
President & CEO, Director
Signature
John R. Hewitt
Issuer symbol
MTRX
Transactions as of
24 Aug 2021
Net transactions value
-$120,560
Form type
4
Filing time
26 Aug 2021, 13:05:42 UTC
Next filing
30 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTRX COMMON STOCK Options Exercise +8,489 +2.4% 360,330 24 Aug 2021 Direct F1, F2
transaction MTRX COMMON STOCK Disposed to Issuer $93,209 -8,489 -2.4% $10.98 351,841 24 Aug 2021 Direct F1
transaction MTRX COMMON STOCK Tax liability $27,351 -2,491 -0.71% $10.98 349,350 24 Aug 2021 Direct F1, 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 RESTRICTED STOCK UNITS Options Exercise -8,489 -25% 25,467 24 Aug 2021 COMMON STOCK 8,489 Direct F1, F2
* 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 EACH RESTRICTED STOCK UNIT IS THE ECONOMIC EQUIVALENT OF ONE SHARE OF MATRIX SERVICE COMPANY COMMON STOCK. ALL RESTRICTED STOCK UNITS ARE SETTLED SOLELY IN CASH WHEN VESTED.
F3 RESTRICTED STOCK UNIT AWARD - SHARES DISPOSED TO SATISFY TAX OBLIGATION DUE ON VEST DATE FOR TIME-BASED GRANT.
F4 INCLUDES 265,859 SHARES OF MATRIX SERVICE COMPANY COMMON STOCK OWNED OUTRIGHT.