Todd M. Butz - 28 Feb 2022 Form 4 Insider Report for Mayville Engineering Company, Inc. (MEC)

Role
Chief Financial Officer
Signature
/s/ Russell E. Ryba, Attorney-in-Fact for Todd M. Butz
Issuer symbol
MEC
Transactions as of
28 Feb 2022
Net transactions value
-$90,383
Form type
4
Filing time
02 Mar 2022, 18:34:48 UTC
Previous filing
11 May 2021
Next filing
11 Aug 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 +27,371 +42% $0.000000 92,109 28 Feb 2022 Direct
transaction MEC Common Stock Tax liability $90,383 -8,758 -9.5% $10.32 83,351 28 Feb 2022 Direct
holding MEC Common Stock 38,482 28 Feb 2022 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 -17,556 -100% $0.000000* 0 28 Feb 2022 Common Stock 17,556 $0.000000 Direct F2
transaction MEC Restricted Stock Units Options Exercise $0 -9,815 -50% $0.000000 9,814 28 Feb 2022 Common Stock 9,815 $0.000000 Direct F3
holding MEC Stock Option (right to buy) 39,683 28 Feb 2022 Common Stock 39,683 $14.01 Direct F4
holding MEC Stock Option (right to buy) 88,029 28 Feb 2022 Common Stock 88,029 $7.12 Direct F5
holding MEC Stock Option (right to buy) 39,127 28 Feb 2022 Common Stock 39,127 $17.00 Direct F6
* 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 February 27, 2021 and February 27, 2022.
F3 The restricted stock units will vest 50% on each of February 28, 2022 and February 28, 2023.
F4 The options will vest 50% on each of February 28, 2022 and February 28, 2023.
F5 The options will vest 50% on each of February 27, 2021 and February 27, 2022.
F6 The options will vest 50% on each of May 8, 2020 and May 8, 2021.