Paul Allan Johnson - 06 Mar 2023 Form 4 Insider Report for MYERS INDUSTRIES INC (MYE)

Role
VP, Distribution Segment
Signature
/s/ J. Bret Treier, attorney in fact for Paul Allan Johnson
Issuer symbol
MYE
Transactions as of
06 Mar 2023
Net transactions value
$0
Form type
4
Filing time
08 Mar 2023, 18:50:27 UTC
Previous filing
18 Mar 2022
Next filing
17 Mar 2023
SEC
View on sec.gov

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 +5,138 $0.000000 5,138 06 Mar 2023 Common Stock 5,138 Direct F1, F2
transaction MYE Performance Stock Units Award $0 +7,706 $0.000000 7,706 06 Mar 2023 Common Stock 7,706 Direct 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 contingent right to receive one share of the Issuer's common stock.
F2 On March 6, 2023, the reporting person was granted 5,138 restricted stock units, vesting in three equal annual installments on March 16, 2024, March 16, 2025, and March 16, 2026.
F3 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, 2024.
F4 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.