VINOD M. KHILNANI - 04 May 2022 Form 4 Insider Report for MATERION Corp (MTRN)

Role: Director
Signature: /s/Michelle R. Mekinda as Atty. In Fact
Issuer symbol: MTRN
Transactions as of: 04 May 2022
Net transactions value: $0
Form type: 4
Filing time: 06 May 2022, 16:45:11 UTC
Previous filing: 21 Apr 2022
Next filing: 06 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MTRN	Common Stock	Options Exercise		+1,246	+9%		15,115	04 May 2022	Direct	F1
holding	MTRN	Common Stock						18,465	04 May 2022	Held in Directors Deferred Compensation Plan.

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	MTRN	Restricted Stock Units	Options Exercise	$0	-1,246	-100%	$0.000000^*	0	04 May 2022	Common Stock	1,246		Direct	F1, F2
transaction	MTRN	Restricted Stock Units	Award	$0	+1,390		$0.000000	1,390	05 May 2022	Common Stock	1,390		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a right to receive one share of MTRN common stock.
F2	These shares were issued pursuant to the vesting of a restricted stock unit award made in May 2021 that vested on May 4, 2022.
F3	The restricted stock units generally vest on the earlier of (1) the first anniversary of the grant date and (2) the date of the next annual meeting of MTRN's shareholders that follows the grant date.