Brian J. Cadwallader - Jun 13, 2024 Form 4 Insider Report for METHODE ELECTRONICS INC (MEI)

Role
Director
Signature
/s/ Kerry Vyverberg as attorney-in-fact for Brian J. Cadwallader
Stock symbol
MEI
Transactions as of
Jun 13, 2024
Transactions value $
$140,000
Form type
4
Date filed
6/17/2024, 05:00 PM
Previous filing
Apr 30, 2024
Next filing
Jul 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MEI Phantom Stock Award $140K +14.2K +123.31% $9.88 25.7K Jun 13, 2024 In Deferred Comp. Plan F1
holding MEI Common Stock 6.8K Jun 13, 2024 In Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock award granted pursuant to the Methode Electronics, Inc. 2022 Omnibus Incentive Plan. The director elected to defer the award pursuant to the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan (the "Plan"). Each share of phantom stock represents the economic equivalent of one share of the Company's common stock. The phantom stock is payable in shares of the Company's common stock upon distribution from the Plan.