Gregory R. Chemnitz - Feb 17, 2024 Form 4 Insider Report for MATERION Corp (MTRN)

Role
VP General Counsel & Secretary
Signature
/s/Michelle R. Mekinda, as Attorney-In-Fact
Stock symbol
MTRN
Transactions as of
Feb 17, 2024
Transactions value $
$266,904
Form type
4
Date filed
2/23/2024, 01:47 PM
Previous filing
Dec 12, 2023
Next filing
Feb 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTRN Common Stock Options Exercise $0 +2.67K +18.37% $0.00 17.2K Feb 17, 2024 Direct
transaction MTRN Common Stock Award $522K +3.97K +23.13% $131.48 21.1K Feb 17, 2024 Direct
transaction MTRN Common Stock Tax liability -$255K -1.94K -9.19% $131.48 19.2K Feb 21, 2024 Direct
holding MTRN Common Stock 5.29K Feb 17, 2024 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 Restricted Stock Units Options Exercise $0 -2.67K -38.37% $0.00 4.28K Feb 17, 2024 Common Stock 2.67K 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 represents a right to receive one share of MTRN common stock.
F2 These units, which were acquired upon the reinvestment of dividend equivalents, will vest at the same time as the restricted stock units to which they relate.
F3 Expiration Date is the same as the Date Exercisable.