Jagadeesh A. Reddy - Nov 7, 2024 Form 4 Insider Report for Mayville Engineering Company, Inc. (MEC)

Role
President & CEO, Director
Signature
/s/ Russell E. Ryba, Attorney-in-Fact for Jagadeesh A. Reddy
Stock symbol
MEC
Transactions as of
Nov 7, 2024
Transactions value $
$98,698
Form type
4
Date filed
11/7/2024, 01:57 PM
Previous filing
Jul 23, 2024
This filing has been restated, see here for the amended filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MEC Common Stock Purchase $98.7K +5.9K +7.1% $16.72 89.1K Nov 7, 2024 Direct F1
holding MEC Common Stock 1.56K Nov 7, 2024 by ESOP and/or 401(k) Plan F2

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
holding MEC Restricted Stock Units 25.4K Nov 7, 2024 Common Shares 25.4K $0.00 Direct F3
holding MEC Restricted Stock Units 32.1K Nov 7, 2024 Common Shares 32.1K $0.00 Direct F4
holding MEC Restricted Stock Units 109K Nov 7, 2024 Common Shares 109K $0.00 Direct F5
holding MEC Stock Option (right to buy) 88.9K Nov 7, 2024 Common Shares 88.9K $16.22 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price in Column 4 is a weighted average price. The prices actually received ranged from $16.47 to $16.73. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
F2 Reflects the most recent ESOP and 401(k) balance.
F3 The restricted stock units will vest 50% on each of February 28, 2024 and February 28, 2025.
F4 The restricted stock units will vest 1/3 on each of July 19, 2023, 2024 and 2025.
F5 The restricted stock units will vest 1/3 on each of March 15, 2025, 2026 and 2027.
F6 The options will vest 50% on each of February 28, 2024 and February 28, 2025.