Mark Bye - Mar 31, 2022 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
Mar 31, 2022
Transactions value $
$26,400
Form type
4
Date filed
4/1/2022, 04:18 PM
Previous filing
Jan 4, 2022
Next filing
Jul 1, 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 $2.67K +97 +1.6% $27.50 6.17K Mar 31, 2022 SWM Common Stock 97 $0.00 Direct F1, F3
transaction MATV Phantom Stock Units Award $23.7K +863 +13.99% $27.50 7.03K Apr 1, 2022 SWM Common Stock 863 $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.