Ryan F. Raber - 28 Feb 2024 Form 4 Insider Report for Mayville Engineering Company, Inc. (MEC)

Role
EVP - Strategy, Sales & Mktg
Signature
/s/ Russell E. Ryba, Attorney-in-Fact for Ryan F. Raber
Issuer symbol
MEC
Transactions as of
28 Feb 2024
Net transactions value
-$126,008
Form type
4
Filing time
01 Mar 2024, 16:45:12 UTC
Previous filing
04 Mar 2025
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 +32,899 +44% $0.000000 107,580 28 Feb 2024 Direct
transaction MEC Common Stock Tax liability $126,008 -10,527 -9.8% $11.97 97,053 28 Feb 2024 Direct
holding MEC Common Stock 26,287 28 Feb 2024 by ESOP and/or 401(k) Plan F1

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 -20,106 -100% $0.000000* 0 28 Feb 2024 Common Stock 20,106 $0.000000 Direct F2
transaction MEC Restricted Stock Units Options Exercise $0 -12,793 -50% $0.000000 12,793 28 Feb 2024 Common Stock 12,793 $0.000000 Direct F3
holding MEC Stock Option (right to buy) 27,595 28 Feb 2024 Common Stock 27,595 $17.00 Direct F4
holding MEC Stock Option (right to buy) 58,979 28 Feb 2024 Common Stock 58,979 $7.12 Direct F5
holding MEC Stock Option (right to buy) 43,291 28 Feb 2024 Common Stock 43,291 $14.01 Direct F6
holding MEC Stock Option (right to buy) 77,426 28 Feb 2024 Common Stock 77,426 $10.32 Direct F7
holding MEC Stock Option (right to buy) 44,720 28 Feb 2024 Common Stock 44,720 $16.22 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the most recent ESOP and 401(k) balance.
F2 The restricted stock units will vest 50% on each of February 28, 2023 and February 28, 2024.
F3 The restricted stock units will vest 50% on each of February 28, 2024 and February 28, 2025.
F4 The options will vest 50% on each of May 8, 2020 and May 8, 2021.
F5 The options will vest 50% on each of February 27, 2021 and February 27, 2022.
F6 The options will vest 50% on each of February 28, 2022 and February 28, 2023.
F7 The options will vest 50% on each of February 28, 2023 and February 28, 2024.
F8 The options will vest 50% on each of February 28, 2024 and February 28, 2025.