Gregory R. Chemnitz - 01 Mar 2024 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
01 Mar 2024
Net transactions value
-$87,178
Form type
4
Filing time
05 Mar 2024, 09:29:29 UTC
Previous filing
22 Feb 2024
Next filing
15 May 2024
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 +1,468 +7.6% $0.000000 20,673 01 Mar 2024 Direct
transaction MTRN Common Stock Tax liability $87,178 -643 -3.1% $135.58 20,030 01 Mar 2024 Direct
holding MTRN Common Stock 5,289 01 Mar 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 -1,468 -34% $0.000000 2,813 01 Mar 2024 Common Stock 1,468 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 restricted stock units granted on 03/01/2022 and 03/01/2023, and any related dividend equivalents, vest in three equal annual installments.
F3 Expiration Date is the same as the Date Exercisable.