Ryan F. Raber - 28 Feb 2022 Form 4 Insider Report for Mayville Engineering Company, Inc. (MEC)

Signature
/s/ Russell E. Ryba, Attorney-in-Fact for Ryan F. Raber
Issuer symbol
MEC
Transactions as of
28 Feb 2022
Net transactions value
-$74,201
Form type
4
Filing time
02 Mar 2022, 18:37:22 UTC
Previous filing
11 May 2021
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MEC Common Stock Options Exercise $0 +22,470 +72% $0.000000 53,727 28 Feb 2022 Direct
transaction MEC Common Stock Tax liability $74,201 -7,190 -13% $10.32 46,537 28 Feb 2022 Direct
holding MEC Common Stock 25,369 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 -11,763 -100% $0.000000* 0 28 Feb 2022 Common Stock 11,763 $0.000000 Direct F2
transaction MEC Restricted Stock Units Options Exercise $0 -10,707 -50% $0.000000 10,707 28 Feb 2022 Common Stock 10,707 $0.000000 Direct F3
holding MEC Stock Option (right to buy) 43,291 28 Feb 2022 Common Stock 43,291 $14.01 Direct F4
holding MEC Stock Option (right to buy) 58,979 28 Feb 2022 Common Stock 58,979 $7.12 Direct F5
holding MEC Stock Option (right to buy) 27,595 28 Feb 2022 Common Stock 27,595 $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.