Mark Bye - Sep 30, 2021 Form 4 Insider Report for SCHWEITZER MAUDUIT INTERNATIONAL INC (MATV)

Role
Director
Signature
Honor Winks as Attorney-in-fact for Mark Bye
Stock symbol
MATV
Transactions as of
Sep 30, 2021
Transactions value $
$25,683
Form type
4
Date filed
10/1/2021, 05:19 PM
Previous filing
Jul 1, 2021
Next filing
Jan 4, 2022

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 MATV Phantom Stock Units Award $1.94K +56 +1.26% $34.66 4.52K Sep 30, 2021 SWM Common Stock 56 $0.00 Direct F1, F3
transaction MATV Phantom Stock Units Award $23.7K +685 +15.16% $34.66 5.2K Oct 1, 2021 SWM Common Stock 685 $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Dividends credited pursuant to the Director's election in accordance with the Schweitzer-Mauduit International, Inc. Deferred Compensation Plan No. 2 for Non-Employee Directors (the "Plan"). The Plan was filed as Exhibit 10.15 to the 2004 10-K
F2 Director's quarterly stock retainer deferred pursuant to the Director's election in accordance with the Schweitzer-Mauduit International, Inc. Deferred Compensation Plan No. 2 for Non-Employee Directors (the "Plan"). The Plan was filed as Exhibit 10.15 to the 2004 10-K.
F3 Stock units are converted to shares upon the earlier of retirement from the Board or termination as a Director in accordance with the Plan.