Nancy E. Austin - 24 Aug 2023 Form 4 Insider Report for MATRIX SERVICE CO (MTRX)

Reporting relationship: VP, Chief Admin Officer
Issuer ticker: MTRX
Reported as of: 24 Aug 2023
Net transaction value: -$24,178
SEC form: 4
Accepted by SEC: 28 Aug 2023, 12:56:17 UTC
Prior SEC filing: 01 Sep 2022
Next SEC filing: 31 Aug 2023
Source filing: View source filing
Reporting owner signature: Nancy E. Austin

Filing notes and source

Key filing fact

Nancy E. Austin filed Form 4 for MATRIX SERVICE CO (MTRX) on 28 Aug 2023.

Key facts

This page summarizes Nancy E. Austin's Form 4 filing for MATRIX SERVICE CO (MTRX).
5 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 28 Aug 2023, 12:56.

Change

Previous filing in this sequence was filed on 01 Sep 2022.
Current net transaction value: -$24,178.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MTRX transaction

COMMON STOCK

Options Exercise

Transaction value
Shares: +1,989
Change %: +2.8%
Price
Shares after: 73,253
Date: 24 Aug 2023
Ownership: Direct
Footnotes: F1, F2

MTRX transaction

COMMON STOCK

Disposed to Issuer

Transaction value: -$15,693
Shares: -1,989
Change %: -2.7%
Price: $7.89
Shares after: 71,264
Date: 24 Aug 2023
Ownership: Direct
Footnotes: F1

MTRX transaction

COMMON STOCK

Tax liability

Transaction value: -$4,560
Shares: -578
Change %: -0.81%
Price: $7.89
Shares after: 70,686
Date: 24 Aug 2023
Ownership: Direct
Footnotes: F1, F3

MTRX transaction

COMMON STOCK

Tax liability

Transaction value: -$3,924
Shares: -493
Change %: -0.7%
Price: $7.96
Shares after: 70,193
Date: 26 Aug 2023
Ownership: Direct
Footnotes: F1, F3, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MTRX transaction Derivative

RESTRICTED STOCK UNITS

Options Exercise

Transaction value
Shares: -1,989
Change %: -50%
Price
Shares after: 1,989
Date: 24 Aug 2023
Ownership: Direct
Underlying class: COMMON STOCK
Underlying amount: 1,989
Exercise price
Footnotes: F1, F2, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

MATRIX SERVICE COMPANY COMMON STOCK.

Footnote 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.

Footnote F3

RESTRICTED STOCK UNIT AWARD - SHARES DISPOSED TO SATISFY TAX OBLIGATION DUE ON VEST DATE FOR SERVICE-BASED GRANT.

Footnote F4

INCLUDES 51,411 SHARES OF MATRIX SERVICE COMPANY COMMON STOCK OWNED OUTRIGHT.

Footnote F5

FOR THIS SERVICE-BASED AWARD OF CASH-SETTLED RESTRICTED STOCK UNITS, 25% WILL VEST EACH YEAR FROM AUGUST 24, 2021 TO AUGUST 24, 2024.