Randall P. Stille - 28 Feb 2022 Form 4 Insider Report for Mayville Engineering Company, Inc. (MEC)

Role
Chief Operating Officer
Signature
/s/ Russell E. Ryba, Attorney-in-Fact for Randall P. Stille
Issuer symbol
MEC
Transactions as of
28 Feb 2022
Net transactions value
-$54,789
Form type
4
Filing time
02 Mar 2022, 18:39:12 UTC
Previous filing
11 May 2021
Next filing
02 Mar 2023
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 +18,564 +224% $0.000000 26,868 28 Feb 2022 Direct
transaction MEC Common Stock Tax liability $54,789 -5,309 -20% $10.32 21,559 28 Feb 2022 Direct
holding MEC Common Stock 1,819 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 -10,534 -100% $0.000000* 0 28 Feb 2022 Common Stock 10,534 $0.000000 Direct F2
transaction MEC Restricted Stock Units Options Exercise $0 -8,030 -50% $0.000000 8,030 28 Feb 2022 Common Stock 8,030 $0.000000 Direct F3
holding MEC Stock Option (right to buy) 32,468 28 Feb 2022 Common Stock 32,468 $14.01 Direct F4
holding MEC Stock Option (right to buy) 52,817 28 Feb 2022 Common Stock 52,817 $7.12 Direct F5
* 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.