Sean P. Leuba - Feb 28, 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
Feb 28, 2024
Transactions value $
-$21,618
Form type
4
Date filed
3/1/2024, 04:43 PM
Previous filing
Jan 9, 2024
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 +6.17K +162.99% $0.00 9.95K Feb 28, 2024 Direct
transaction MEC Common Stock Tax liability -$21.6K -1.81K -18.15% $11.97 8.14K 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 -6.17K -50% $0.00 6.17K Feb 28, 2024 Common Shares 6.17K $0.00 Direct F1
holding MEC Restricted Stock Units 5.78K Feb 28, 2024 Common Shares 5.78K $0.00 Direct F2
holding MEC Stock Option (right to buy) 21.6K Feb 28, 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 February 28, 2024 and February 28, 2025.
F2 The Restricted Stock Units will vest 50% on each of January 9, 2024 and January 9, 2025.
F3 The options will vest 50% on each of February 28, 2024 and February 28, 2025.