Jugal K. Vijayvargiya - 01 Mar 2023 Form 4 Insider Report for MATERION Corp (MTRN)

Role: President and CEO, Director
Signature: /s/Michelle R. Mekinda as Atty-in-Fact
Issuer symbol: MTRN
Transactions as of: 01 Mar 2023
Net transactions value: -$114,979
Form type: 4
Filing time: 03 Mar 2023, 11:47:57 UTC
Previous filing: 22 Feb 2023
Next filing: 14 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MTRN	Common Stock	Options Exercise	$0	+2,298	+2.9%	$0.000000	82,026	01 Mar 2023	Direct
transaction	MTRN	Common Stock	Tax liability	$114,979	-1,015	-1.2%	$113.28	81,011	01 Mar 2023	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	MTRN	Restricted Stock Units	Options Exercise	$0	-2,298	-16%	$0.000000	12,052	01 Mar 2023	Common Stock	2,298		Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit (RSU) represents a right to receive one share of MTRN common stock.
F2	The restricted stock units granted on 03/01/2022 vest in three equal annual installments.
F3	Expiration Date is the same as the Date Exercisable.