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

Role
Interim CFO, VP and Treasurer
Signature
/s/ J. Bret Treier, attorney in fact for Monica P. Vinay
Stock symbol
MYE
Transactions as of
Mar 15, 2023
Transactions value $
-$99,551
Form type
4
Date filed
3/17/2023, 04:48 PM
Previous filing
Mar 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MYE Common Stock Options Exercise $0 +1.08K +7.18% $0.00 16.1K Mar 15, 2023 Direct F1
transaction MYE Common Stock Tax liability -$9.32K -469 -2.91% $19.87 15.7K Mar 15, 2023 Direct
transaction MYE Common Stock Options Exercise $0 +8.75K +55.88% $0.00 24.4K Mar 15, 2023 Direct F2
transaction MYE Common Stock Tax liability -$81.8K -4.12K -16.88% $19.87 20.3K Mar 15, 2023 Direct
transaction MYE Common Stock Options Exercise $0 +972 +4.79% $0.00 21.3K Mar 16, 2023 Direct F1
transaction MYE Common Stock Tax liability -$8.43K -422 -1.99% $19.97 20.8K Mar 16, 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 -1.08K -33.34% $0.00 2.16K Mar 15, 2023 Common Stock 1.08K Direct F3, F4
transaction MYE Performance Stock Units Options Exercise $0 -8.75K -100% $0.00* 0 Mar 15, 2023 Common Stock 8.75K Direct F5
transaction MYE Restricted Stock Units Options Exercise $0 -972 -50.03% $0.00 971 Mar 16, 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.