Todd M. Butz - 28 Feb 2023 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 2023
Net transactions value
-$143,801
Form type
4
Filing time
02 Mar 2023, 17:56:37 UTC
Previous filing
11 Aug 2022
Next filing
01 Mar 2024
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 +27,983 +33% $0.000000 113,334 28 Feb 2023 Direct
transaction MEC Common Stock Tax liability $143,801 -8,954 -7.9% $16.06 104,380 28 Feb 2023 Direct
holding MEC Common Stock 38,994 28 Feb 2023 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 -9,814 -100% $0.000000* 0 28 Feb 2023 Common Stock 9,814 $0.000000 Direct F2
transaction MEC Restricted Stock Units Options Exercise $0 -18,169 -50% $0.000000 18,168 28 Feb 2023 Common Stock 18,169 $0.000000 Direct F3
transaction MEC Restricted Stock Units Award $0 +23,120 $0.000000 23,120 28 Feb 2023 Common Stock 23,120 $0.000000 Direct F4
transaction MEC Stock Option (right to buy) Award $0 +40,410 $0.000000 40,410 28 Feb 2023 Common Stock 40,410 $16.22 Direct F5
holding MEC Stock Option (right to buy) 69,963 28 Feb 2023 Common Stock 69,963 $10.32 Direct F6
holding MEC Stock Option (right to buy) 39,683 28 Feb 2023 Common Stock 39,683 $14.01 Direct F7
holding MEC Stock Options (right to buy) 88,029 28 Feb 2023 Common Stock 88,029 $7.12 Direct F8
holding MEC Stock Option (right to buy) 39,127 28 Feb 2023 Common Stock 39,127 $17.00 Direct F9
* 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 28, 2022 and February 28, 2023.
F3 The restricted stock units will vest 50% on each of February 28, 2023 and February 28, 2024.
F4 The restricted stock units will vest 50% on each of February 28, 2024 and February 28, 2025.
F5 The options will vest 50% on each of February 28, 2024 and February 28, 2025.
F6 The options will vest 50% on each of February 28, 2023 and February 28, 2024.
F7 The options will vest 50% on each of February 28, 2022 and February 28, 2023.
F8 The options will vest 50% on each of February 27, 2021 and February 27, 2022.
F9 The options will vest 50% on each of May 8, 2020 and May 8, 2021.