Kevin A. Durkin - 29 Aug 2024 Form 4 Insider Report for MATRIX SERVICE CO (MTRX)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
03 Sep 2024, 17:40:06 UTC
Prior SEC filing
28 Aug 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Kevin A. Durkin

Key filing fact

Kevin A. Durkin filed Form 4 for MATRIX SERVICE CO (MTRX) on 03 Sep 2024.

Key facts

  • This page summarizes Kevin A. Durkin's Form 4 filing for MATRIX SERVICE CO (MTRX).
  • 14 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 03 Sep 2024, 17:40.

Change

  • Previous filing in this sequence was filed on 28 Aug 2024.
  • Current net transaction value: -$84,288.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MTRX transaction

COMMON STOCK

Options Exercise

Transaction value
Shares
+2,438
Change %
+3.1%
Price
Shares after
81,046
Date
29 Aug 2024
Ownership
Direct
Footnotes
F1
MTRX transaction

COMMON STOCK

Disposed to Issuer

Transaction value
$24,258
Shares
-2,438
Change %
-3%
Price
$9.95
Shares after
78,608
Date
29 Aug 2024
Ownership
Direct
MTRX transaction

COMMON STOCK

Tax liability

Transaction value
$8,647
Shares
-869
Change %
-1.1%
Price
$9.95
Shares after
77,739
Date
29 Aug 2024
Ownership
Direct
Footnotes
F2
MTRX transaction

COMMON STOCK

Options Exercise

Transaction value
Shares
+1,384
Change %
+1.8%
Price
Shares after
79,123
Date
30 Aug 2024
Ownership
Direct
Footnotes
F1
MTRX transaction

COMMON STOCK

Disposed to Issuer

Transaction value
$13,785
Shares
-1,384
Change %
-1.7%
Price
$9.96
Shares after
77,739
Date
30 Aug 2024
Ownership
Direct
MTRX transaction

COMMON STOCK

Tax liability

Transaction value
$4,592
Shares
-461
Change %
-0.59%
Price
$9.96
Shares after
77,278
Date
30 Aug 2024
Ownership
Direct
Footnotes
F2
MTRX transaction

COMMON STOCK

Options Exercise

Transaction value
Shares
+1,649
Change %
+2.1%
Price
Shares after
78,927
Date
30 Aug 2024
Ownership
Direct
Footnotes
F1
MTRX transaction

COMMON STOCK

Disposed to Issuer

Transaction value
$16,424
Shares
-1,649
Change %
-2.1%
Price
$9.96
Shares after
77,278
Date
30 Aug 2024
Ownership
Direct
MTRX transaction

COMMON STOCK

Tax liability

Transaction value
$5,468
Shares
-549
Change %
-0.71%
Price
$9.96
Shares after
76,729
Date
30 Aug 2024
Ownership
Direct
Footnotes
F2
MTRX transaction

COMMON STOCK

Award

Transaction value
$0
Shares
+3,128
Change %
+4.1%
Price
$0.000000
Shares after
79,857
Date
30 Aug 2024
Ownership
Direct
Footnotes
F3
MTRX transaction

COMMON STOCK

Tax liability

Transaction value
$11,115
Shares
-1,116
Change %
-1.4%
Price
$9.96
Shares after
78,741
Date
30 Aug 2024
Ownership
Direct
Footnotes
F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MTRX transaction Derivative

RESTRICTED STOCK UNITS

Options Exercise

Transaction value
$0
Shares
-2,438
Change %
-25%
Price
$0.000000
Shares after
7,313
Date
29 Aug 2024
Ownership
Direct
Underlying class
COMMON STOCK
Underlying amount
2,438
Exercise price
Footnotes
F1, F5
MTRX transaction Derivative

RESTRICTED STOCK UNITS

Options Exercise

Transaction value
$0
Shares
-1,384
Change %
-50%
Price
$0.000000
Shares after
1,383
Date
30 Aug 2024
Ownership
Direct
Underlying class
COMMON STOCK
Underlying amount
1,384
Exercise price
Footnotes
F1, F6
MTRX transaction Derivative

RESTRICTED STOCK UNITS

Options Exercise

Transaction value
$0
Shares
-1,649
Change %
-33%
Price
$0.000000
Shares after
3,298
Date
30 Aug 2024
Ownership
Direct
Underlying class
COMMON STOCK
Underlying amount
1,649
Exercise price
Footnotes
F1, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

EACH RESTRICTED STOCK UNIT IS THE ECONOMIC EQUIVALENT OF ONE SHARE OF MATRIX SERVICE COMPANY COMMON STOCK. ALL RESTRICTED STOCK UNITS ARE SETTLED SOLELY IN CASH WHEN VESTED.

Footnote F2

SHARES DISPOSED TO SATISFY TAX OBLIGATION DUE ON VEST DATE FOR STOCK-SETTLED RESTRICTED STOCK UNITS.

Footnote F3

SHARES RECEIVED ON CONVERSION OF PERFORMANCE STOCK UNIT AWARD AS PREDETERMINED MARKET-BASED CRITERIA WAS MET.

Footnote F4

SHARES DISPOSED TO SATISFY TAX OBLIGATION DUE ON VEST DATE FOR STOCK-SETTLED PERFORMANCE STOCK UNITS.

Footnote F5

FOR THIS SERVICE-BASED AWARD OF CASH-SETTLED RESTRICTED STOCK UNITS, 25% WILL VEST EACH YEAR FROM AUGUST 29, 2024 TO AUGUST 29, 2027.

Footnote F6

FOR THIS SERVICE-BASED AWARD OF CASH-SETTLED RESTRICTED STOCK UNITS, 25% WILL VEST EACH YEAR FROM AUGUST 30, 2022 TO AUGUST 30, 2025.

Footnote F7

FOR THIS SERVICE-BASED AWARD OF CASH-SETTLED RESTRICTED STOCK UNITS, 25% WILL VEST EACH YEAR FROM AUGUST 30, 2023 TO AUGUST 30, 2026.

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