Warlick Anderson Davis - 26 Jul 2022 Form 4 Insider Report for Mativ Holdings, Inc. (MATV)

Role
Director
Signature
Honor Winks as Attorney-in-fact for Anderson Warlick
Issuer symbol
MATV
Transactions as of
26 Jul 2022
Transactions value $
$0
Form type
4
Filing time
10 Aug 2022, 16:38:27 UTC
Previous filing
01 Jul 2022
Next filing
15 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MATV Common Stock Options Exercise +59,795 +1,146% 65,013 26 Jul 2022 Direct F1, F2

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 MATV Phantom Stock Units Options Exercise -59,795 -100% 0 26 Jul 2022 Common Stock 59,795 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Conversion of phantom stock units in the Directors Deferred Compensation Plan 2 (the "Plan") into shares of common stock in connection with the liquidation of the Plan due to the merger (the "Merger") of Schweitzer-Mauduit, International, Inc. and Neenah, Inc. on July 6, 2022.
F2 Each phantom stock unit is the economic equivalent of one share of common stock.
F3 Phantom stock Units are converted to stock upon the earlier of retirement from the Board or termination as a director in accordance with the Plan, or upon liquidation of The Plan. The Plan was liquidated due to the Merger.