Brian J. Cadwallader - 07 Jul 2022 Form 4 Insider Report for METHODE ELECTRONICS INC (MEI)

Role
Director
Signature
/s/ Ronald L.G. Tsoumas as attorney-in-fact for Brian J. Cadwallader
Issuer symbol
MEI
Transactions as of
07 Jul 2022
Net transactions value
+$140,015
Form type
4
Filing time
11 Jul 2022, 17:00:59 UTC
Previous filing
03 May 2022
Next filing
02 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MEI Phantom Stock Award $140,015 +3,885 +130% $36.04 6,878 07 Jul 2022 In Deferred Comp. Plan F1
holding MEI Common Stock 9,000 07 Jul 2022 In Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock award granted pursuant to the Methode Electronics, Inc. 2014 Omnibus Incentive Plan. The director elected to defer the award pursuant to the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan (the "Plan"). Each share of phantom stock represents the economic equivalent of one share of the Company's common stock. The phantom stock is payable in shares of the Company's common stock upon distribution from the Plan.