Ronald M. Defeo - Apr 28, 2022 Form 4 Insider Report for MYERS INDUSTRIES INC (MYE)

Role
Director
Signature
/s/ Sarah D'Amore, attorney in fact for Ronald M. De Feo
Stock symbol
MYE
Transactions as of
Apr 28, 2022
Transactions value $
$0
Form type
4
Date filed
5/2/2022, 06:39 PM
Previous filing
Mar 17, 2022
Next filing
Apr 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MYE Common Stock Award $0 +4.11K +8.24% $0.00 54K Apr 28, 2022 Direct F1
transaction MYE Common Stock Disposed to Issuer -4.02K -7.45% 50K Apr 28, 2022 Direct F2

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 MYE Restricted Stock Units Award $0 +4.02K $0.00 4.02K Apr 28, 2022 Common Stock 4.02K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 28, 2022, the reporting person was awarded 4,110 restricted stock units with respect to the reporting person's service as a director of the Issuer on that date until the 2023 Annual Meeting of Shareholders, at which time the reporting person's award will vest, conditioned on the reporting person's continued service through the vesting date.
F2 Upon the vesting of restricted stock units granted to the reporting person on April 29, 2021, the reporting person deferred the receipt of shares of common stock for such award and instead received stock units. As a result, the reporting person is reporting the disposition of 4,023 shares of common stock in exchange for an equal number of restricted stock units. On the date that the reporting person ceases to be a director for any reason whatsoever, or as soon thereafter as is reasonably practical, the Issuer shall make a payment to the reporting person of one share for every stock unit then held by the reporting person as payment with respect to each such stock unit.
F3 Restricted stock units convert into common stock on a one-for-one basis.
F4 On April 29, 2021, the reporting person was awarded 4,023 restricted stock units with respect to the reporting person's service as a director of the Issuer commencing on that date until the 2022 Annual Meeting of Shareholders, at which time the reporting person's award vested. The reporting person deferred the receipt of common stock for such award and instead received stock units.