Michael McGaugh - 15 Mar 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
Issuer symbol
MYE
Transactions as of
15 Mar 2023
Net transactions value
-$768,859
Form type
4
Filing time
17 Mar 2023, 17:21:56 UTC
Previous filing
14 Mar 2023
Next filing
08 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MYE Common Stock Options Exercise $0 +9,414 +8.3% $0.000000 123,411 15 Mar 2023 Direct F1
transaction MYE Common Stock Tax liability $77,831 -3,917 -3.2% $19.87 119,494 15 Mar 2023 Direct
transaction MYE Common Stock Options Exercise $0 +77,627 +65% $0.000000 197,121 15 Mar 2023 Direct F2
transaction MYE Common Stock Tax liability $641,662 -32,293 -16% $19.87 164,828 15 Mar 2023 Direct
transaction MYE Common Stock Options Exercise $0 +5,940 +3.6% $0.000000 170,768 16 Mar 2023 Direct F1
transaction MYE Common Stock Tax liability $49,366 -2,472 -1.4% $19.97 168,296 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 -9,414 -33% $0.000000 18,827 15 Mar 2023 Common Stock 9,414 Direct F3, F4
transaction MYE Performance Stock Units Options Exercise $0 -77,627 -100% $0.000000* 0 15 Mar 2023 Common Stock 77,627 Direct F5
transaction MYE Restricted Stock Units Options Exercise $0 -5,940 -50% $0.000000 5,939 16 Mar 2023 Common Stock 5,940 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 28,241 restricted stock units, vesting in three equal annual installments on March 15, 2023, March 15, 2024, and March 15, 2025.
F5 Each performance stock unit 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 17,818 restricted stock units, vesting in three equal annual installments on March 16, 2022, March 16, 2023, and March 16, 2024.