Todd M. Butz - Nov 7, 2024 Form 4 Insider Report for Mayville Engineering Company, Inc. (MEC)

Role
Chief Financial Officer
Signature
/s/ Russell E. Ryba, Attorney-in-Fact for Todd M. Butz
Stock symbol
MEC
Transactions as of
Nov 7, 2024
Transactions value $
$20,079
Form type
4
Date filed
11/8/2024, 02:38 PM
Previous filing
Aug 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MEC Common Stock Purchase $20.1K +1.27K +3.2% $15.79 41K Nov 7, 2024 by ESOP and/or 401(k) Plan F1
holding MEC Common Stock 154K Nov 7, 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
holding MEC Stock Option (right to buy) 39.1K Nov 7, 2024 Common Stock 39.1K $17.00 Direct F2
holding MEC Stock Option (right to buy) 39.7K Nov 7, 2024 Common Stock 39.7K $14.01 Direct F3
holding MEC Stock Option (right to buy) 70K Nov 7, 2024 Common Stock 70K $10.32 Direct F4
holding MEC Stock Option (right to buy) 40.4K Nov 7, 2024 Common Stock 40.4K $16.22 Direct F5
holding MEC Restricted Stock Units 11.6K Nov 7, 2024 Common Stock 11.6K $0.00 Direct F6
holding MEC Restricted Stock Units 52.8K Nov 7, 2024 Common Stock 52.8K $0.00 Direct F7
* 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 May 8, 2020 and May 8, 2021.
F3 The options will vest 50% on each of February 28, 2022 and February 28, 2023.
F4 The options will vest 50% on each of February 28, 2023 and February 28, 2024
F5 The options will vest 50% on each of February 28, 2024 and February 28, 2025.
F6 The restricted stock units will vest 50% on each of February 28, 2024 and February 28, 2025.
F7 The restricted stock units will vest 1/3 on each of March 15, 2025, 2026 and 2027.