MARK L. BYE - 31 Dec 2021 Form 4 Insider Report for SCHWEITZER MAUDUIT INTERNATIONAL INC (MATV)

Role
Director
Signature
Honor Winks as Attorney-in-fact for Mark Bye
Issuer symbol
MATV
Transactions as of
31 Dec 2021
Net transactions value
+$26,013
Form type
4
Filing time
04 Jan 2022, 15:37:31 UTC
Previous filing
01 Oct 2021
Next filing
01 Apr 2022
SEC
View on sec.gov

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 $2,272 +76 +1.5% $29.90 5,278 31 Dec 2021 SWM Common Stock 76 $0.000000 Direct F1, F3
transaction MATV Phantom Stock Units Award $23,741 +794 +15% $29.90 6,072 03 Jan 2022 SWM Common Stock 794 $0.000000 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.