Emily M. Liggett - May 5, 2023 Form 4 Insider Report for MATERION Corp (MTRN)

Role
Director
Signature
/s/Michelle R. Mekinda as Atty. In Fact
Stock symbol
MTRN
Transactions as of
May 5, 2023
Transactions value $
-$250,806
Form type
4
Date filed
5/9/2023, 07:43 PM
Previous filing
Mar 14, 2023
Next filing
May 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTRN Common Stock Options Exercise +1.4K +38.61% 5.02K May 5, 2023 Direct F1
transaction MTRN Common Stock Sale -$105K -1K -19.92% $105.41 4.02K May 8, 2023 Direct
transaction MTRN Common Stock Sale -$78.3K -756 -18.81% $103.60 3.26K May 8, 2023 Direct F2
transaction MTRN Common Stock Sale -$67.1K -642 -19.68% $104.47 2.62K May 8, 2023 Direct F3
holding MTRN Common Stock 1.25K May 5, 2023 Held in Directors Deferred Comp. Plan

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 -1.4K -100% $0.00* 0 May 5, 2023 Common Stock 1.4K Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a right to receive one share of MTRN common stock.
F2 The reported price is a weighted average sales price of shares sold in multiple transactions at prices ranging from $103.21 to $104.04, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the Staff of the Securities and Exchange Commission, upon request, with full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) of this Form 4.
F3 The reported price is a weighted average sales price of shares sold in multiple transactions at prices ranging from $104.23 to $104.89, inclusive.
F4 These shares were issued pursuant to the vesting of a restricted stock unit award made on May 5, 2022 that vested on May 5, 2023.
F5 Expiration Date is the same as the Date Exercisable.