Rachele M. Lehr - 28 Feb 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
Issuer symbol
MEC
Transactions as of
28 Feb 2024
Net transactions value
-$33,911
Form type
4
Filing time
01 Mar 2024, 16:41:30 UTC
Previous filing
13 Mar 2023
Next filing
19 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MEC Common Stock Options Exercise $0 +8,854 $0.000000 8,854 28 Feb 2024 Direct
transaction MEC Common Stock Tax liability $33,911 -2,833 -32% $11.97 6,021 28 Feb 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 -1,771 -50% $0.000000 1,771 28 Feb 2024 Common Stock 1,771 $0.000000 Direct F1
transaction MEC Restricted Stock Units Options Exercise $0 -7,083 -50% $0.000000 7,082 28 Feb 2024 Common Stock 7,083 $0.000000 Direct F2
holding MEC Stock Option (right to buy) 24,814 28 Feb 2024 Common Shares 24,814 $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.