Mark W. Johnson - Sep 20, 2023 Form 4 Insider Report for Mativ Holdings, Inc. (MATV)

Role
CLO and Corporate Secretary
Signature
Mark W. Johnson
Stock symbol
MATV
Transactions as of
Sep 20, 2023
Transactions value $
-$168,403
Form type
4
Date filed
3/14/2025, 09:19 PM
Previous filing
Sep 11, 2023
Next filing
Apr 30, 2024
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 $0 +6.44K $0.00 6.44K Sep 1, 2024 Direct F1, F2
transaction MATV Common Stock Disposed to Issuer -$122K -6.44K -100% $18.96 0 Sep 1, 2024 Direct F1, F2, F3
transaction MATV Common Stock Options Exercise $0 +6.89K $0.00 6.89K Feb 13, 2025 Direct F2, F4
transaction MATV Common Stock Disposed to Issuer -$46.2K -2.44K -35.41% $18.96 4.45K Feb 13, 2025 Direct F2, F4, F5

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 Restricted Stock Units Award +19.3K 19.3K Sep 20, 2023 Common Stock 19.3K Direct F1, F6
transaction MATV Restricted Stock Units Options Exercise -6.44K -33.33% 12.9K Sep 1, 2024 Common Stock 6.44K Direct F1
transaction MATV Restricted Stock Units Award +20.7K 20.7K Apr 26, 2024 Common Stock 20.7K Direct F4, F6
transaction MATV Restricted Stock Units Options Exercise -6.89K -33.33% 13.8K Feb 13, 2025 Common Stock 6.89K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 20, 2023, the reporting person was granted 19,330 restricted stock units ("RSUs") subject to time vesting. Such RSUs vest in three equal annual installments beginning on September 1, 2024 and each anniversary thereafter. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. 6,443 RSUs vested on September 1, 2024.
F2 The reporting person's number of shares of common stock owned was previously overstated by 33,551 shares due to a number of RSUs that should have been reported in Table II instead of Table I on the reporting person's Form 4 documents filed on September 22, 2023 and April 30, 2024.
F3 This transaction reflects the settlement for cash of 6,443 vested RSUs.
F4 On April 26, 2024, the reporting person was granted 20,664 RSUs subject to time vesting. Such RSUs vest in three equal annual installments beginning on February 13, 2025 and each anniversary thereafter. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. 6,888 RSUs vested on February 13, 2025.
F5 Shares withheld to satisfy tax withholding obligation arising upon the vesting of RSUs.
F6 These RSUs were incorrectly reported in Table I on the reporting person's Form 4 documents filed on September 22, 2023 and April 30, 2024