Robert J. Phillippy - May 9, 2024 Form 4 Insider Report for MATERION Corp (MTRN)

Role
Director
Signature
/s/Michelle R. Mekinda, as Attorney-In-Fact
Stock symbol
MTRN
Transactions as of
May 9, 2024
Transactions value $
$0
Form type
4
Date filed
5/13/2024, 10:05 AM
Previous filing
Apr 17, 2024
Next filing
Jun 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTRN Common Stock Options Exercise +1.15K +40.41% 4K May 9, 2024 Direct F1
holding MTRN Common Stock 11.9K May 9, 2024 Held in Directors Deferred Compensation 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 Unit Options Exercise $0 -1.15K -100% $0.00* 0 May 9, 2024 Common Stock 1.15K Direct F1, F2, F3
transaction MTRN Restricted Stock Units Award $0 +1.15K $0.00 1.15K May 10, 2024 Common Stock 1.15K Direct F1, F3, F4
* 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 shares were issued pursuant to the vesting of a restricted stock unit award made on May 18, 2023 that vested on May 9, 2024.
F3 Expiration Date is the same as the Date Exercisable.
F4 The restricted stock units generally vest on the earlier of (1) the first anniversary of the grant date and (2) the date of the next annual meeting of MTRN's shareholders that follows the grant date.