Ryan F. Raber - 22 Aug 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
22 Aug 2024
Net transactions value
-$717,570
Form type
4
Filing time
22 Aug 2024, 17:14:37 UTC
Previous filing
19 Mar 2024
Next filing
26 Aug 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 +58,979 +61% $0.000000 156,032 22 Aug 2024 Direct
transaction MEC Common Stock Tax liability $717,570 -37,471 -24% $19.15 118,561 22 Aug 2024 Direct
holding MEC Common Stock 26,287 22 Aug 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 Stock Option (right to buy) Options Exercise $0 -58,979 -100% $0.000000 0 22 Aug 2024 Common Stock 58,979 $7.12 Direct F2
holding MEC Stock Option (right to buy) 27,595 22 Aug 2024 Common Stock 27,595 $17.00 Direct F3
holding MEC Stock Option (right to buy) 43,291 22 Aug 2024 Common Stock 43,291 $14.01 Direct F4
holding MEC Stock Option (right to buy) 77,426 22 Aug 2024 Common Stock 77,426 $10.32 Direct F5
holding MEC Stock Option (right to buy) 44,720 22 Aug 2024 Common Stock 44,720 $16.22 Direct F6
holding MEC Restricted Stock Units 12,793 22 Aug 2024 Common Stock 12,793 $0.000000 Direct F7
holding MEC Restricted Stock Units 52,950 22 Aug 2024 Common Stock 52,950 $0.000000 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 options will vest 50% on each of February 27, 2021 and February 27, 2022.
F3 The options will vest 50% on each of May 8, 2020 and May 8, 2021.
F4 The options will vest 50% on each of February 28, 2022 and February 28, 2023.
F5 The options will vest 50% on each of February 28, 2023 and February 28, 2024.
F6 The options will vest 50% on each of February 28, 2024 and February 28, 2025.
F7 The restricted stock units will vest 50% on each of February 28, 2024 and February 28, 2025.
F8 The restricted stock units will vest 1/3 on each of March 15, 2025, 2026 and 2027.