Gregory R. Chemnitz - 01 Mar 2024 Form 4 Insider Report for MATERION Corp (MTRN)

Signature
/s/Michelle R. Mekinda, as Attorney-In-Fact
Issuer symbol
MTRN
Transactions as of
01 Mar 2024
Net transactions value
-$661
Form type
4
Filing time
12 Mar 2024, 16:52:23 UTC
Previous filing
22 Feb 2024
Next filing
15 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTRN Common Stock Award $0 +6 +0.03% $0.000000 20,036 08 Mar 2024 Direct
transaction MTRN Common Stock Tax liability $661 -5 -0.02% $132.28 20,031 08 Mar 2024 Direct
holding MTRN Common Stock 5,294 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 Stock Appreciation Rights Award $0 +2,207 $0.000000 2,207 01 Mar 2024 Common Stock 2,207 $135.58 Direct F1
transaction MTRN Restricted Stock Units Award $0 +1,712 +61% $0.000000 4,525 01 Mar 2024 Common Stock 1,712 Direct F2, F3, F4
transaction MTRN Restricted Stock Units Award $0 +7 +0.15% $0.000000 4,532 08 Mar 2024 Common Stock 7 Direct F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Stock Appreciation Rights vest in three equal annual installments beginning March 1, 2025.
F2 Each restricted stock unit represents a right to receive one share of MTRN common stock.
F3 The restricted stock units vest in three equal annual installments beginning March 1, 2025.
F4 Expiration Date is the same as the Date Exercisable.
F5 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.