Jagadeesh A. Reddy - 28 Feb 2023 Form 4 Insider Report for Mayville Engineering Company, Inc. (MEC)

Signature
/s/ Russell E. Ryba, Attorney-in-Fact for Jagadeesh A. Reddy
Issuer symbol
MEC
Transactions as of
28 Feb 2023
Net transactions value
$0
Form type
4
Filing time
02 Mar 2023, 18:02:08 UTC
Previous filing
17 Nov 2022
Next filing
20 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MEC Common Stock 27,071 28 Feb 2023 Direct

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 Award $0 +50,864 $0.000000 50,864 28 Feb 2023 Common Shares 50,864 $0.000000 Direct F1
transaction MEC Stock Option (right to buy) Award $0 +88,901 $0.000000 88,901 28 Feb 2023 Common Shares 88,901 $16.22 Direct F2
holding MEC Restricted Stock Units 96,154 28 Feb 2023 Common Shares 96,154 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units will vest 50% on each of February 28, 2024 and February 28, 2025.
F2 The options will vest 50% on each of February 28, 2024 and February 28, 2025.
F3 The restricted stock units will vest 1/3 on each of July 19, 2023, 2024 and 2025.