Michael McGaugh - 16 Mar 2024 Form 4 Insider Report for MYERS INDUSTRIES INC (MYE)

Role
President and CEO, Director
Signature
/s/ J. Bret Treier, attorney in fact for Michael McGaugh
Issuer symbol
MYE
Transactions as of
16 Mar 2024
Net transactions value
-$957,848
Form type
4
Filing time
19 Mar 2024, 17:00:16 UTC
Previous filing
12 Mar 2024
Next filing
13 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MYE Common Stock Options Exercise $0 +5,939 +3.5% $0.000000 177,737 16 Mar 2024 Direct F1, F2
transaction MYE Common Stock Tax liability $51,496 -2,471 -1.4% $20.84 175,266 16 Mar 2024 Direct
transaction MYE Common Stock Options Exercise $0 +85,472 +49% $0.000000 260,738 16 Mar 2024 Direct F3
transaction MYE Common Stock Tax liability $741,008 -35,557 -14% $20.84 225,181 16 Mar 2024 Direct
transaction MYE Common Stock Options Exercise $0 +9,413 +4.2% $0.000000 234,594 16 Mar 2024 Direct F1
transaction MYE Common Stock Tax liability $81,609 -3,916 -1.7% $20.84 230,678 16 Mar 2024 Direct
transaction MYE Common Stock Options Exercise $0 +9,657 +4.2% $0.000000 240,335 16 Mar 2024 Direct F1
transaction MYE Common Stock Tax liability $83,735 -4,018 -1.7% $20.84 236,317 16 Mar 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
transaction MYE Restricted Stock Units Options Exercise $0 -5,939 -100% $0.000000* 0 16 Mar 2024 Common Stock 5,939 Direct F4, F5
transaction MYE Performance Stock Units Options Exercise $0 -85,472 -100% $0.000000* 0 16 Mar 2024 Common Stock 85,472 Direct F6
transaction MYE Restricted Stock Units Options Exercise $0 -9,413 -50% $0.000000 9,414 16 Mar 2024 Common Stock 9,413 Direct F4, F7
transaction MYE Restricted Stock Units Options Exercise $0 -9,657 -33% $0.000000 19,315 16 Mar 2024 Common Stock 9,657 Direct F4, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 Includes 500 shares acquired under the Issuer's employee stock purchase plan in 2023.
F3 The shares were received for no consideration upon satisfaction of performance criteria underlying an award of performance stock units granted March 16, 2021.
F4 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock
F5 On March 16, 2021, the reporting person was granted 17,818 restricted stock units, subject to vesting in three equal annual installments on March 16, 2022, March 16, 2023, and March 16, 2024.
F6 Each performance stock unit represents a contingent right to receive one share of the Issuer's Common Stock based upon the Issuer's cumulative adjusted EBITDA over a three-year performance period ending December 31, 2023, with a relative TSR modifier.
F7 On March 15, 2022, the reporting person was granted 28,241 restricted stock units, subject to vesting in three equal annual installments on March 16, 2023, March 16, 2024, and March 16, 2025.
F8 On March 6, 2023, the reporting person was granted 28,972 restricted stock units, subject to vesting in three equal annual installments on March 16, 2024, March 16, 2025, and March 16, 2026.