Ryan F. Raber - 08 May 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
Issuer symbol
MEC
Transactions as of
08 May 2021
Net transactions value
-$27,296
Form type
4
Filing time
11 May 2021, 15:29:28 UTC
Next filing
18 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MEC Common Stock Options Exercise $0 +4,926 +18% $0.000000 32,833 08 May 2021 Direct
transaction MEC Common Stock Tax liability $27,296 -1,576 -4.8% $17.32 31,257 08 May 2021 Direct
holding MEC Common Stock 24,907 08 May 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 -4,926 -100% $0.000000* 0 08 May 2021 Common Stock 4,926 $0.000000 Direct F2
holding MEC Restricted Stock Units 11,763 08 May 2021 Common Stock 11,763 $0.000000 Direct F3
holding MEC Restricted Stock Units 21,414 08 May 2021 Common Stock 21,414 $0.000000 Direct F4
holding MEC Stock Option (right to buy) 43,291 08 May 2021 Common Stock 43,291 $14.01 Direct F5
holding MEC Stock Option (right to buy) 58,979 08 May 2021 Common Stock 58,979 $7.12 Direct F6
holding MEC Stock Option (right to buy) 27,595 08 May 2021 Common Stock 27,595 $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.