Jugal K. Vijayvargiya - Feb 17, 2024 Form 4 Insider Report for MATERION Corp (MTRN)

Role
President and CEO, Director
Signature
/s/Michelle R. Mekinda, as Attorney-In-Fact
Stock symbol
MTRN
Transactions as of
Feb 17, 2024
Transactions value $
-$1,604,187
Form type
4
Date filed
2/23/2024, 01:50 PM
Previous filing
Dec 12, 2023
Next filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTRN Common Stock Options Exercise $0 +7.48K +8.08% $0.00 100K Feb 17, 2024 Direct
transaction MTRN Common Stock Award $0 +22.3K +22.27% $0.00 122K Feb 17, 2024 Direct
transaction MTRN Common Stock Tax liability -$1.6M -12.2K -9.97% $131.48 110K Feb 21, 2024 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 -7.48K -36.76% $0.00 12.9K Feb 17, 2024 Common Stock 7.48K 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 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.