Andrew Downard - 30 Jan 2024 Form 4 Insider Report for Mativ Holdings, Inc. (MATV)

Role
Chief Supply Chain Officer
Signature
/s/ Mark Johnson, attorney-in-fact for Andrew Downard, principal
Issuer symbol
MATV
Transactions as of
30 Jan 2024
Transactions value $
-$39,140
Form type
4
Filing time
14 Mar 2025, 21:24:11 UTC
Next filing
11 Mar 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 +1,200 +1,463% $0 1,282 16 Feb 2024 Direct F1, F2
transaction MATV Common Stock Disposed to Issuer -$15,276 -1,200 -94% $12.73 82 16 Feb 2024 Direct F1, F2, F3
transaction MATV Common Stock Options Exercise $0 +1,200 +43% $0 3,983 16 Feb 2025 Direct F1, F2
transaction MATV Common Stock Disposed to Issuer -$10,920 -1,200 -94% $9.1 82 16 Feb 2025 Direct F1, F2, F3
transaction MATV Common Stock Options Exercise $0 +4,182 +2,550% $0 4,346 13 Feb 2025 Direct F2, F4
transaction MATV Common Stock Tax liability -$12,943 -1,481 -34% $8.74 2,865 13 Feb 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 +12,546 12,546 26 Apr 2024 Common Stock 12,546 Direct F4, F6
transaction MATV Restricted Stock Units Options Exercise -4,182 -33% 8,364 13 Feb 2025 Common Stock 4,182 Direct F4, F6
transaction MATV Restricted Stock Units Award +3,600 3,600 30 Jan 2024 Common Stock 3,600 Direct F1, F4, F7
transaction MATV Restricted Stock Units Options Exercise -1,200 -33% 2,400 16 Feb 2024 Common Stock 1,200 Direct F1, F4, F7
transaction MATV Restricted Stock Units Options Exercise -1,200 -50% 1,200 16 Feb 2025 Common Stock 1,200 Direct F1, F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 30, 2024, the reporting person was granted 3,600 RSUs subject to time vesting. Such RSUs vest in three equal annual installments beginning on February 16, 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. 1,200 RSUs vested on each of February 16, 2024 and 2025.
F2 The reporting person's number of shares of common stock owned was previously overstated by 18,083 shares due to (i) 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 March 11, 2024 and April 30, 2024 and (ii) a clerical error in recording an acquisition of 15,683 RSUs instead of 12,546 RSUs on the reporting person's Form 4 filed on April 30, 2024.
F3 The transaction reflects the cash settlement of 1,200 vested RSUs on each of February 16, 2024 and 2025.
F4 On April 26, 2024, the reporting person was 12,546 restricted stock units ("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. 4,182 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 disclosed in Table I on the reporting person's Form 4 documents filed on April 30, 2024.
F7 These RSUs were incorrectly disclosed in Table I on the reporting person's Form 4 documents filed on March 11, 2024.