Stephanie Georges - Sep 23, 2023 Form 3 Insider Report for MERCURY SYSTEMS INC (MRCY)

Role
EVP, CCO
Signature
/s/ Michelle McCarthy, attorney-in-fact for Stephanie Georges
Stock symbol
MRCY
Transactions as of
Sep 23, 2023
Transactions value $
$0
Form type
3
Date filed
10/6/2023, 04:36 PM
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MRCY Common Stock 39.7K Sep 23, 2023 Direct F1, F2
holding MRCY Common Stock 545 Sep 23, 2023 401K Plan
holding MRCY Common Stock 300 Sep 23, 2023 Georges Family Revocable Living Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,573 shares of restricted stock that vest on August 16, 2024, 7,030 shares shares of restricted stock that vest in two equal annual installments beginning on February 15, 2024, and 7,137 shares of restricted stock that vest in three equal annual installments beginning on August 17, 2024.
F2 Also includes 4,720, 10,545 and 8,723 shares of performance-based restricted stock that will vest on August 16, 2024, February 15, 2025 and August 17, 2026, respectively, assuming on-target performance of pre-established financial objectives for the three fiscal years ending June 28, 2024, June 27, 2025 and July 3, 2026, respectively. If actual performance under the performance-based restricted stock awards is determined to be above or below the on-target performance level of the awards, then the number of shares that will vest for these awards will range from 0% to 300% (in the case of awards vesting in 2024 and 2025) and 0% to 225% (in the case of awards vesting in 2026) of the shares that would have vested for on-target performance.