Rachele Marie Lehr - 15 Mar 2025 Form 4 Insider Report for Mayville Engineering Company, Inc. (MEC)

Signature
/s/ Russell E. Ryba, Attorney-in-Fact for Rachele M. Lehr
Issuer symbol
MEC
Transactions as of
15 Mar 2025
Net transactions value
-$39,333
Form type
4
Filing time
18 Mar 2025, 17:41:23 UTC
Previous filing
04 Mar 2025
Next filing
11 Aug 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MEC Common Stock Options Exercise $0 +8,562 +63% $0.000000 22,102 15 Mar 2025 Direct
transaction MEC Common Stock Tax liability $39,333 -2,741 -12% $14.35 19,361 15 Mar 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 -8,562 -33% $0.000000 17,120 15 Mar 2025 Common Stock 8,562 $0.000000 Direct F1
transaction MEC Restricted Stock Units Award $0 +17,422 $0.000000 17,422 15 Mar 2025 Common Stock 17,422 $0.000000 Direct F2
holding MEC Stock Option (right to buy) 24,814 15 Mar 2025 Common Stock 24,814 $14.12 Direct F3
* 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 1/3 on each of March 15, 2025, 2026 and 2027.
F2 The restricted stock units will vest 1/3 on each of March 15, 2026, 2027 and 2028.
F3 The options will vest 50% on each of February 28, 2024 and February 28, 2025.