Jugal K. Vijayvargiya - 01 Mar 2024 Form 4 Insider Report for MATERION Corp (MTRN)

Signature
/s/Michelle R. Mekinda, as Attorney-In-Fact
Issuer symbol
MTRN
Transactions as of
01 Mar 2024
Transactions value $
-$302,886
Form type
4
Filing time
05 Mar 2024, 09:29:39
Previous filing
23 Feb 2024
Next filing
10 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTRN Common Stock Options Exercise $0 +5.06K +4.59% $0.00 115K 01 Mar 2024 Direct
transaction MTRN Common Stock Tax liability -$303K -2.23K -1.94% $135.58 113K 01 Mar 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 -5.06K -39.29% $0.00 7.82K 01 Mar 2024 Common Stock 5.06K 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 The restricted stock units granted on 03/01/2022 and 03/01/2023, and any related dividend equivalents, vest in three equal installments.
F3 Expiration Date is the same as the Date Exercisable.