Rachele M. Lehr - 28 Feb 2025 Form 4 Insider Report for Mayville Engineering Company, Inc. (MEC)

Role
Chief Human Resources Officer
Signature
/s/ Russell E. Ryba, Attorney-in-Fact for Rachele M. Lehr
Issuer symbol
MEC
Transactions as of
28 Feb 2025
Net transactions value
-$42,368
Form type
4
Filing time
04 Mar 2025, 18:56:39 UTC
Previous filing
08 Nov 2024
Next filing
18 Mar 2025
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 +8,853 +118% $0.000000 16,374 28 Feb 2025 Direct
transaction MEC Common Stock Tax liability $42,368 -2,834 -17% $14.95 13,540 28 Feb 2025 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 -1,771 -100% $0.000000 0 28 Feb 2025 Common Stock 1,771 $0.000000 Direct F1
transaction MEC Restricted Stock Units Options Exercise $0 -7,083 -100% $0.000000 0 28 Feb 2025 Common Stock 7,083 $0.000000 Direct F2
holding MEC Restricted Stock Units 25,682 28 Feb 2025 Common Stock 25,682 $0.000000 Direct F3
holding MEC Stock Option (right to buy) 24,814 28 Feb 2025 Common Stock 24,814 $14.12 Direct F4
* 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 February 28, 2024 and February 28, 2025.
F3 The restricted stock units will vest 1/3 on each of March 15, 2025, 2026 and 2027.
F4 The options will vest 50% on each of February 28, 2024 and February 28, 2025.