Ryan F. Raber - May 8, 2021 Form 4 Insider Report for Mayville Engineering Company, Inc. (MEC)

Role
EVP - Strategy, Sales & Mktg
Signature
/s/ Russell E. Ryba, Attorney-in-Fact for Ryan F. Raber
Stock symbol
MEC
Transactions as of
May 8, 2021
Transactions value $
-$27,296
Form type
4
Date filed
5/11/2021, 03:29 PM
Next filing
Mar 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MEC Common Stock Options Exercise $0 +4.93K +17.65% $0.00 32.8K May 8, 2021 Direct
transaction MEC Common Stock Tax liability -$27.3K -1.58K -4.8% $17.32 31.3K May 8, 2021 Direct
holding MEC Common Stock 24.9K May 8, 2021 by ESOP and/or 401(k) Plan F1

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 MEC Restricted Stock Units Options Exercise $0 -4.93K -100% $0.00* 0 May 8, 2021 Common Stock 4.93K $0.00 Direct F2
holding MEC Restricted Stock Units 11.8K May 8, 2021 Common Stock 11.8K $0.00 Direct F3
holding MEC Restricted Stock Units 21.4K May 8, 2021 Common Stock 21.4K $0.00 Direct F4
holding MEC Stock Option (right to buy) 43.3K May 8, 2021 Common Stock 43.3K $14.01 Direct F5
holding MEC Stock Option (right to buy) 59K May 8, 2021 Common Stock 59K $7.12 Direct F6
holding MEC Stock Option (right to buy) 27.6K May 8, 2021 Common Stock 27.6K $17.00 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the most recent ESOP and 401(k) balance.
F2 The restricted stock units will vest 50% on each of May 8, 2020 and May 8, 2021.
F3 The restricted stock units will vest 50% on each of February 27, 2021 and February 27, 2022.
F4 The restricted stock units will vest 50% on each of February 28, 2022 and February 28, 2023.
F5 The options will vest 50% on each of February 28, 2022 and February 28, 2023.
F6 The options will vest 50% on each of February 27, 2021 and February 27, 2022.
F7 The options will vest 50% on each of May 8, 2020 and May 8, 2021.