BRETT ARGIRAKIS - 26 Jan 2022 Form 4 Insider Report for MINERALS TECHNOLOGIES INC (MTX)

Signature
Thomas J. Meek for Brett Argirakis
Issuer symbol
MTX
Transactions as of
26 Jan 2022
Transactions value $
-$61,091
Form type
4
Filing time
28 Jan 2022, 15:16:40 UTC
Previous filing
27 Jan 2022
Next filing
21 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTX Common Stock Options Exercise $0 +1.97K +13.48% $0.00 16.6K 26 Jan 2022 Direct
transaction MTX Common Stock Tax liability -$61.1K -865 -5.22% $70.63 15.7K 26 Jan 2022 Direct F1
holding MTX Common Stock 2.04K 26 Jan 2022 By 401(k) 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 MTX Deferred Restricted Stock Units (DRSUs) Options Exercise $0 -1.97K -13.71% $0.00 12.4K 26 Jan 2022 Common Stock 1.97K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld by Minerals Technologies Inc. to satisfy tax withholding obligations.
F2 The information contained in this report is based on a Plan Statement dated as of January 26, 2022.
F3 Each DRSU is the economic equivalent of one share of Mineral Technologies Inc. Common Stock.
F4 The DRSUs were granted on January 26, 2021 and vest in three equal annual installments beginning on January 26, 2022.