Jugal K. Vijayvargiya - 17 Feb 2024 Form 4 Insider Report for MATERION Corp (MTRN)

Role
President and CEO, Director
Signature
/s/Michelle R. Mekinda, as Attorney-In-Fact
Issuer symbol
MTRN
Transactions as of
17 Feb 2024
Transactions value $
-$1,604,187
Form type
4
Filing time
23 Feb 2024, 13:50:02
Previous filing
12 Dec 2023
Next filing
12 Mar 2024
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 $0 +7.48K +8.08% $0.00 100K 17 Feb 2024 Direct
transaction MTRN Common Stock Award $0 +22.3K +22.27% $0.00 122K 17 Feb 2024 Direct
transaction MTRN Common Stock Tax liability -$1.6M -12.2K -9.97% $131.48 110K 21 Feb 2024 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 MTRN Restricted Stock Units Options Exercise $0 -7.48K -36.76% $0.00 12.9K 17 Feb 2024 Common Stock 7.48K Direct F1, F2, 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 (RSU) represents a right to receive one share of MTRN common stock.
F2 These units, which were acquired upon the reinvestment of dividend equivalents, will vest at the same time as the Restricted Stock Units to which they relate.
F3 Expiration Date is the same as the Date Exercisable.