Gregory L. Christopher - 26 Oct 2023 Form 4 Insider Report for MUELLER INDUSTRIES INC (MLI)

Signature
Anthony J. Steinriede, Attorney-in-Fact
Issuer symbol
MLI
Transactions as of
26 Oct 2023
Transactions value $
$0
Form type
4
Filing time
27 Oct 2023, 11:08:35 UTC
Previous filing
01 Aug 2023
Next filing
01 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLI Common Stock Award $0 +135K +11.56% $0.00 1.3M 26 Oct 2023 Direct F1, F2
holding MLI Common Stock 13.6K 26 Oct 2023 by children F3
holding MLI Common Stock 145K 26 Oct 2023 by trust where he is beneficiary F4
holding MLI Common Stock 140K 26 Oct 2023 by trust where wife is beneficiary F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance-based restricted stock, which may be earned between 0% and 200% of the target amount reported herein based upon the Issuer's actual performance as compared with an adjusted EBITDA target during the three-year measurement period. The vesting date is July 30, 2026.
F2 On October 20, 2023, the Issuer effected a 2-for-1 stock split of its common stock in the form of a stock dividend, as a result of which the Reporting Person received an additional 583,712 shares of common stock.
F3 On October 20, 2023, the Issuer effected a 2-for-1 stock split of its common stock in the form of a stock dividend, as a result of which the Reporting Person received an additional 6,800 shares of common stock.
F4 On October 20, 2023, the Issuer effected a 2-for-1 stock split of its common stock in the form of a stock dividend, as a result of which the Reporting Person received an additional 72,260 shares of common stock.
F5 On October 20, 2023, the Issuer effected a 2-for-1 stock split of its common stock in the form of a stock dividend, as a result of which the Reporting Person received an additional 70,000 shares of common stock.