Todd M. Butz - Feb 28, 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
Stock symbol
MEC
Transactions as of
Feb 28, 2022
Transactions value $
-$90,383
Form type
4
Date filed
3/2/2022, 06:34 PM
Previous filing
May 11, 2021
Next filing
Aug 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MEC Common Stock Options Exercise $0 +27.4K +42.28% $0.00 92.1K Feb 28, 2022 Direct
transaction MEC Common Stock Tax liability -$90.4K -8.76K -9.51% $10.32 83.4K Feb 28, 2022 Direct
holding MEC Common Stock 38.5K Feb 28, 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 -17.6K -100% $0.00* 0 Feb 28, 2022 Common Stock 17.6K $0.00 Direct F2
transaction MEC Restricted Stock Units Options Exercise $0 -9.82K -50% $0.00 9.81K Feb 28, 2022 Common Stock 9.82K $0.00 Direct F3
holding MEC Stock Option (right to buy) 39.7K Feb 28, 2022 Common Stock 39.7K $14.01 Direct F4
holding MEC Stock Option (right to buy) 88K Feb 28, 2022 Common Stock 88K $7.12 Direct F5
holding MEC Stock Option (right to buy) 39.1K Feb 28, 2022 Common Stock 39.1K $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.