Rachele M. Lehr - Feb 28, 2024 Form 4 Insider Report for Mayville Engineering Company, Inc. (MEC)

Role
Chief Human Resources Officer
Signature
s/ Russell E. Ryba, Attorney-in-Fact for Rachele M. Lehr
Stock symbol
MEC
Transactions as of
Feb 28, 2024
Transactions value $
-$33,911
Form type
4
Date filed
3/1/2024, 04:41 PM
Previous filing
Mar 13, 2023
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MEC Common Stock Options Exercise $0 +8.85K $0.00 8.85K Feb 28, 2024 Direct
transaction MEC Common Stock Tax liability -$33.9K -2.83K -32% $11.97 6.02K Feb 28, 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 -1.77K -50% $0.00 1.77K Feb 28, 2024 Common Stock 1.77K $0.00 Direct F1
transaction MEC Restricted Stock Units Options Exercise $0 -7.08K -50% $0.00 7.08K Feb 28, 2024 Common Stock 7.08K $0.00 Direct F2
holding MEC Stock Option (right to buy) 24.8K Feb 28, 2024 Common Shares 24.8K $14.12 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 February 28, 2024 and February 28, 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.