CIPOLLA MICHAEL - 24 Jan 2023 Form 4 Insider Report for MINERALS TECHNOLOGIES INC (MTX)

Role
VICE PRESIDENT
Signature
Timothy Jordan for Michael Cipolla
Issuer symbol
MTX
Transactions as of
24 Jan 2023
Net transactions value
-$42,509
Form type
4
Filing time
26 Jan 2023, 15:37:09 UTC
Previous filing
25 Jan 2023
Next filing
27 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTX Common Stock Options Exercise $0 +1,177 +3.6% $0.000000 33,955 25 Jan 2023 Direct
transaction MTX Common Stock Tax liability $42,509 -640 -1.9% $66.42 33,315 25 Jan 2023 Direct F1
holding MTX Common Stock 9,058 24 Jan 2023 By 401(k) 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 MTX Deferred Restricted Stock Units (DRSUs) Award $0 +3,878 +60% $0.000000 10,366 24 Jan 2023 Common Stock 3,878 Direct F3, F4
transaction MTX Employee Stock Option (Right to Buy) Award $0 +6,662 $0.000000 6,662 24 Jan 2023 Common Stock 6,662 $66.08 Direct F5
transaction MTX Deferred Restricted Stock Units (DRSUs) Options Exercise $0 -1,177 -11% $0.000000 9,189 25 Jan 2023 Common Stock 1,177 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld by Minerals Technologies Inc. to satisfy tax withholding obligations.
F2 The information contained in this report is based on a Plan Statement dated as of January 24, 2023.
F3 Each DRSU is the economic equivalent of one share of Mineral Technologies Inc. Common Stock.
F4 The DRSUs were granted on January 24, 2023 and vest in three equal annual installments beginning on January 24, 2024.
F5 These options were granted on January 24, 2023 and vest in three equal annual installments beginning on January 24, 2024.
F6 The DRSUs were granted on January 25, 2022 and vest in three equal annual installments beginning on January 25, 2023.