Gregory R. Chemnitz - 05 May 2023 Form 4 Insider Report for MATERION Corp (MTRN)

Role
VP General Counsel & Secretary
Signature
/s/Michelle R Mekinda, as Attorney-in-Fact
Issuer symbol
MTRN
Transactions as of
05 May 2023
Net transactions value
-$192,567
Form type
4
Filing time
09 May 2023, 19:44:34 UTC
Previous filing
14 Mar 2023
Next filing
19 May 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 $281,346 +5,522 +29% $50.95 24,832 05 May 2023 Direct
transaction MTRN Common Stock Options Exercise $200,954 +2,920 +12% $68.82 27,752 05 May 2023 Direct
transaction MTRN Common Stock Options Exercise $91,118 +1,127 +4.1% $80.85 28,879 05 May 2023 Direct
transaction MTRN Common Stock Tax liability $765,985 -7,191 -25% $106.52 21,688 05 May 2023 Direct
holding MTRN Common Stock 5,270 05 May 2023 Held in 401(k) 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 Stock Appreciation Rights Options Exercise $0 -5,522 -100% $0.000000* 0 05 May 2023 Common Stock 5,522 $50.95 Direct F1
transaction MTRN Stock Appreciation Rights Options Exercise $0 -2,920 -67% $0.000000 1,459 05 May 2023 Common Stock 2,920 $68.82 Direct F2
transaction MTRN Stock Appreciation Rights Options Exercise $0 -1,127 -33% $0.000000 2,254 05 May 2023 Common Stock 1,127 $80.85 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These stock appreciation rights vested in three substantially equal annual installments beginning on February 19, 2021
F2 These stock appreciation rights generally vest in three substantially equal annual installments beginning on February 17, 2022
F3 These stock appreciation rights generally vest in three substantially equal installments beginning on March 1, 2023.