Ryan Michael Elwart - 26 Apr 2024 Form 4 Insider Report for Mativ Holdings, Inc. (MATV)

Role
Group President, SAS
Signature
/s/ Mark W. Johnson, attorney-in-fact for Ryan Elwart, principal
Issuer symbol
MATV
Transactions as of
26 Apr 2024
Net transactions value
-$22,968
Form type
4
Filing time
14 Mar 2025, 21:31:12 UTC
Previous filing
11 Mar 2024
Next filing
21 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MATV Common Stock Options Exercise $0 +7,380 $0.000000 7,380 13 Feb 2025 Direct F1, F2
transaction MATV Common Stock Tax liability $22,968 -2,613 -35% $8.79 4,767 13 Feb 2025 Direct F1, F2, F3

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 +22,140 22,140 26 Apr 2024 Common Stock 22,140 Direct F1, F4
transaction MATV Restricted Stock Units Options Exercise -7,380 -33% 14,760 13 Feb 2025 Common Stock 4,182 Direct F1
transaction MATV Restricted Stock Units Award +22,140 22,140 26 Apr 2024 Common Stock 22,140 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 26, 2024, the reporting person was granted 22,140 restricted stock units ("RSUs") subject to time vesting. Such RSUs vest in three 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. 7,380 RSUs vested on February 13, 2025.
F2 The reporting person's number of shares of common stock owned was previously overstated by 44,280 shares due to a number of RSUs that should have been reported in Table II instead of Table I on the reporting person's Form 4 filed on April 30, 2024.
F3 Shares withheld to satisfy tax withholding obligation arising upon the vesting of RSUs.
F4 These RSUs were incorrectly disclosed in Table I on the reporting person's Form 4 filed on April 30, 2024.
F5 On April 26, 2024, the reporting person was granted 22,140 RSUs subject to time vesting. Such RSUs vest in two equal annual installments beginning on April 26, 2025 and the anniversary thereafter. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting.