Christoph Stenzel - 26 Jan 2022 Form 4 Insider Report for Mativ Holdings, Inc. (MATV)

Signature
/s/ Mark W. Johnson, attorney-in-fact for Christoph Stenzel, principal
Issuer symbol
MATV
Transactions as of
26 Jan 2022
Net transactions value
-$233,688
Form type
4
Filing time
14 Mar 2025, 21:16:02 UTC
Next filing
01 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MATV Common Stock Options Exercise $0 +817 +17% $0.000000 5,510 16 Feb 2024 Direct F1, F2, F3
transaction MATV Common Stock Disposed to Issuer $10,400 -817 -15% $12.73 4,693 16 Feb 2024 Direct F1, F2, F3
transaction MATV Common Stock Options Exercise $0 +17,526 +373% $0.000000 22,219 06 Jan 2025 Direct F3, F4
transaction MATV Common Stock Disposed to Issuer $192,260 -17,526 -79% $10.97 4,693 06 Jan 2025 Direct F3, F4, F5
transaction MATV Common Stock Options Exercise $0 +305 +6.5% $0.000000 4,998 26 Jan 2025 Direct F3, F6
transaction MATV Common Stock Tax liability $1,484 -153 -3.1% $9.70 4,845 26 Jan 2025 Direct F3, F6, F7
transaction MATV Common Stock Options Exercise $0 +2,127 +44% $0.000000 6,972 26 Jan 2025 Direct F3, F8
transaction MATV Common Stock Tax liability $10,321 -1,064 -15% $9.70 5,908 26 Jan 2025 Direct F3, F7, F8
transaction MATV Common Stock Options Exercise $0 +2,682 +45% $0.000000 8,590 13 Feb 2025 Direct F3, F9
transaction MATV Common Stock Tax liability $11,787 -1,341 -16% $8.79 7,249 13 Feb 2025 Direct F3, F7, F9
transaction MATV Common Stock Options Exercise $0 +817 +11% $0.000000 8,066 16 Feb 2025 Direct F1, F3
transaction MATV Common Stock Disposed to Issuer $7,435 -817 -10% $9.10 7,249 16 Feb 2025 Direct F1, F3, F10

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 MATV Restricted Stock Units Award +305 305 30 Jan 2024 Common Stock 305 Direct F6, F11
transaction MATV Restricted Stock Units Options Exercise -305 -100% 0 26 Jan 2022 Common Stock 305 Direct F6
transaction MATV Restricted Stock Units Award +2,127 2,127 30 Jan 2024 Common Stock 2,127 Direct F8, F11
transaction MATV Restricted Stock Units Options Exercise -2,127 -100% 0 26 Jan 2022 Common Stock 2,127 Direct F8
transaction MATV Restricted Stock Units Award +8,045 8,045 26 Apr 2024 Common Stock 8,045 Direct F9, F12
transaction MATV Restricted Stock Units Options Exercise -2,682 -33% 5,363 13 Feb 2025 Common Stock 2,682 Direct F9
transaction MATV Restricted Stock Units Award +2,453 2,453 30 Jan 2024 Common Stock 2,453 Direct F1, F11
transaction MATV Restricted Stock Units Options Exercise -817 -33% 1,636 16 Feb 2024 Common Stock 817 Direct F1, F2, F11
transaction MATV Restricted Stock Units Options Exercise -817 -50% 819 16 Feb 2025 Common Stock 817 Direct F1
transaction MATV Restricted Stock Units Award +17,526 17,526 31 Dec 2024 Common Stock 17,526 Direct F4
transaction MATV Restricted Stock Units Options Exercise -17,526 -100% 0 06 Jan 2025 Common Stock 17,526 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 16, 2023, the reporting person was granted 2,453 RSUs subject to time vesting. Such RSUs vest in three approximately equal annual installments beginning on February 16, 2024 and each anniversary thereafter. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. 718 RSUs vested on each of February 16, 2024 and 2025.
F10 The transaction reflects the cash settlement of 718 vested RSUs on each of February 16, 2024 and 2025.
F11 These RSUs were incorrectly reported in Table I instead of Table II on the reporting person's Form 3 filed on April 1, 2024.
F12 These RSUs were incorrectly reported in Table I instead of Table II on the reporting person's Form 4 filed on April 30, 2024. In addition, such Form 4 contained a clerical error in recording an acquisition of 10,056 RSUs instead of 8,045 RSUs.
F2 The transaction reflects the re-reporting of the vesting of 817 RSUs, granted on February 16, 2024, previously reported on the reporting person's Form 4 filed on April 1, 2024. The transaction also reflects the cash settlement of 817 vested RSUs.
F3 The reporting person's number of shares of common stock owned was previously overstated by 9,239 shares due to (i) a number of RSUs that should have been reported in Table II instead of Table I on the reporting person's Form 3 filed on April 1, 2024 and Form 4 filed on April 30, 2024.
F4 On October 4, 2022, the reporting person was granted a target number of 11,684 RSUs subject to performance and time-based vesting. On February 25, 2025, the Compensation Committee of the issuer determined that based on the issuer's performance between July 2022 and December 2024, 150% of the target number of RSUs vested on performance-based vesting requirements. The 17,526 RSUs had a vesting date of January 6, 2025, subject to continued service. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting.
F5 The transaction reflects the cash settlement of 17,526 vested RSUs.
F6 On January 26, 2022, the reporting person was granted 911 restricted stock units ("RSUs") subject to time vesting. Such RSUs vest in three approximately equal annual installments beginning on January 26, 2023 and each anniversary thereafter. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. 305 RSUs vested on January 26, 2025.
F7 Shares withheld to satisfy tax withholding obligation arising upon the vesting of RSUs.
F8 On January 26, 2022, the reporting person was granted 2,127 RSUs subject to time vesting. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. 2,127 RSUs vested on January 26, 2025.
F9 On April 26, 2024, the reporting person was granted 8,045 RSUs subject to time vesting. Such RSUs vest in three approximately equal annual installments beginning on February 13, 2025 and each anniversary thereafter. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. 2,682 RSUs vested on February 13, 2025.