Monica P. Vinay - 15 Mar 2023 Form 4 Insider Report for MYERS INDUSTRIES INC (MYE)

Signature
/s/ J. Bret Treier, attorney in fact for Monica P. Vinay
Issuer symbol
MYE
Transactions as of
15 Mar 2023
Net transactions value
-$99,551
Form type
4
Filing time
17 Mar 2023, 16:48:13 UTC
Previous filing
08 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MYE Common Stock Options Exercise $0 +1,080 +7.2% $0.000000 16,119 15 Mar 2023 Direct F1
transaction MYE Common Stock Tax liability $9,319 -469 -2.9% $19.87 15,650 15 Mar 2023 Direct
transaction MYE Common Stock Options Exercise $0 +8,745 +56% $0.000000 24,395 15 Mar 2023 Direct F2
transaction MYE Common Stock Tax liability $81,805 -4,117 -17% $19.87 20,278 15 Mar 2023 Direct
transaction MYE Common Stock Options Exercise $0 +972 +4.8% $0.000000 21,250 16 Mar 2023 Direct F1
transaction MYE Common Stock Tax liability $8,427 -422 -2% $19.97 20,828 16 Mar 2023 Direct

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 -1,080 -33% $0.000000 2,159 15 Mar 2023 Common Stock 1,080 Direct F3, F4
transaction MYE Performance Stock Units Options Exercise $0 -8,745 -100% $0.000000* 0 15 Mar 2023 Common Stock 8,745 Direct F5
transaction MYE Restricted Stock Units Options Exercise $0 -972 -50% $0.000000 971 16 Mar 2023 Common Stock 972 Direct F3, F6
* 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 The shares were received for no consideration upon satisfaction of performance criteria underlying an award of performance stock units granted April 28, 2020.
F3 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock
F4 On March 15, 2022, the reporting person was granted 3,239 restricted stock units, vesting in three equal annual installments on March 15, 2023, March 15, 2024, and March 15, 2025.
F5 Each performance share represents a contingent right to receive one share of the Issuer's Common Stock based upon the Issuer's average adjusted EBITDA (50%) and average ROIC (50%) over a three-year performance period ending December 31, 2022.
F6 On March 16, 2021, the reporting person was granted 2,914 restricted stock units, vesting in three equal annual installments on March 16, 2022, March 16, 2023, and March 16, 2024.