Gregory R. Chemnitz - Mar 1, 2024 Form 4 Insider Report for MATERION Corp (MTRN)

Signature
/s/Michelle R. Mekinda, as Attorney-In-Fact
Stock symbol
MTRN
Transactions as of
Mar 1, 2024
Transactions value $
-$87,178
Form type
4
Date filed
3/5/2024, 09:29 AM
Previous filing
Feb 22, 2024
Next filing
May 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTRN Common Stock Options Exercise $0 +1.47K +7.64% $0.00 20.7K Mar 1, 2024 Direct
transaction MTRN Common Stock Tax liability -$87.2K -643 -3.11% $135.58 20K Mar 1, 2024 Direct
holding MTRN Common Stock 5.29K Mar 1, 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 -1.47K -34.29% $0.00 2.81K Mar 1, 2024 Common Stock 1.47K 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.