Sean P. Leuba - Jan 9, 2024 Form 4 Insider Report for Mayville Engineering Company, Inc. (MEC)

Role
SVP, Corp. Development & GC
Signature
/s/ Russell E. Ryba, Attorney-in-Fact for Sean P. Leuba
Stock symbol
MEC
Transactions as of
Jan 9, 2024
Transactions value $
-$27,000
Form type
4
Date filed
1/9/2024, 04:43 PM
Previous filing
Mar 2, 2023
Next filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MEC Common Stock Options Exercise $0 +5.78K $0.00 5.78K Jan 9, 2024 Direct
transaction MEC Common Stock Tax liability -$27K -2K -34.58% $13.50 3.78K Jan 9, 2024 Direct

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 MEC Restricted Stock Units Options Exercise $0 -5.78K -50% $0.00 5.78K Jan 9, 2024 Common Shares 5.78K $0.00 Direct F1
holding MEC Restricted Stock Units 12.3K Jan 9, 2024 Common Shares 12.3K $0.00 Direct F2
holding MEC Stock Option (right to buy) 21.6K Jan 9, 2024 Common Shares 21.6K $16.22 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units will vest 50% on each of January 9, 2024 and January 9, 2025.
F2 The restricted stock units will vest 50% on each of February 28, 2024 and February 28, 2025.
F3 The options will vest 50% on each of February 28, 2024 and February 28, 2025.