Jeffrey Kramer - Apr 27, 2023 Form 4 Insider Report for MYERS INDUSTRIES INC (MYE)

Role
Director
Signature
/s/ J. Bret Treier, attorney in fact for Jeffrey Kramer
Stock symbol
MYE
Transactions as of
Apr 27, 2023
Transactions value $
$0
Form type
4
Date filed
4/28/2023, 06:54 PM
Previous filing
Mar 8, 2023
Next filing
May 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MYE Common Stock Award $0 +5.29K +33.91% $0.00 20.9K Apr 27, 2023 Direct F1
transaction MYE Common Stock Disposed to Issuer -4.11K -19.66% 16.8K Apr 27, 2023 Direct F2

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 +4.11K +102.16% $0.00 8.13K Apr 27, 2023 Common Stock 4.11K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 27, 2023, the reporting person was awarded 5,294 restricted stock units with respect to the reporting person's service as a director of the Issuer on that date until the 2024 Annual Meeting of Shareholders, at which time the reporting person's award will vest, conditioned on the reporting person's continued service through the vesting date.
F2 Upon the vesting of restricted stock units granted to the reporting person on April 28, 2022, the reporting person deferred the receipt of shares of common stock for such award and instead received stock units. As a result, the reporting person is reporting the disposition of 4,110 shares of common stock in exchange for an equal number of restricted stock units. On the date that the reporting person ceases to be a director for any reason whatsoever, or as soon thereafter as is reasonably practical, the Issuer shall make a payment to the reporting person of one share for every stock unit then held by the reporting person as payment with respect to each such stock unit.
F3 Restricted stock units convert into common stock on a one-for-one basis.
F4 On April 28, 2022, the reporting person was awarded 4,110 restricted stock units with respect to the reporting person's service as a director of the Issuer commencing on that date until the 2023 Annual Meeting of Shareholders, at which time the reporting person's award vested. The reporting person deferred the receipt of common stock for such award and instead received stock units.