Michael McGaugh - Mar 6, 2023 Form 4 Insider Report for MYERS INDUSTRIES INC (MYE)

Role
President and CEO, Director
Signature
/s/ J. Bret Treier, attorney in fact for Michael McGaugh
Stock symbol
MYE
Transactions as of
Mar 6, 2023
Transactions value $
-$103,943
Form type
4
Date filed
3/8/2023, 06:35 PM
Previous filing
Mar 18, 2022
Next filing
Mar 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MYE Common Stock Options Exercise $0 +14.6K +14.11% $0.00 118K Mar 6, 2022 Direct F1, F2
transaction MYE Common Stock Tax liability -$104K -5.02K -4.25% $20.71 113K Mar 6, 2022 Direct F3

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 Options Exercise $0 -14.6K -100% $0.00* 0 Mar 6, 2023 Common Stock 14.6K Direct F4, F5
transaction MYE Restricted Stock Units Award $0 +29K $0.00 29K Mar 6, 2023 Common Stock 29K Direct F4, F6
transaction MYE Performance Stock Units Award $0 +86.9K $0.00 86.9K Mar 6, 2023 Common Stock 86.9K Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 Includes 1,000 shares acquired under the Issuer's employee stock purchase plan in 2022.
F3 Includes 250 shares acquired under the Issuer's employee stock purchase plan on December 31, 2021.
F4 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F5 On April 28, 2020, the reporting person was granted 43,783 restricted stock units, vesting in three equal annual installments on March 6, 2021, March 6, 2022, and March 6, 2023.
F6 On March 6, 2023, the reporting person was granted 28,972 restricted stock units, vesting in three equal annual installments on March 16, 2024, March 16, 2025, and March 16, 2026.
F7 Each performance stock unit represents a contingent right to receive one share of the Issuer's Common Stock based upon the Issuer's cumulative adjusted EBITDA with a relative TSR modifier over a three-year performance period ending December 31, 2025.