Michael W. Rickheim - 03 Jun 2025 Form 4 Insider Report for Mativ Holdings, Inc. (MATV)

Role
CHRO
Signature
/s/ Brian Park, attorney-in-fact for Michael W. Rickheim, principal
Issuer symbol
MATV
Transactions as of
03 Jun 2025
Transactions value $
-$61,627
Form type
4
Filing time
05 Jun 2025, 16:47:01 UTC
Previous filing
21 Mar 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Rickheim Michael W CHRO MATIV HOLDINGS, INC., 100 KIMBALL PLACE, STE 600, ALPHARETTA /s/ Brian Park, attorney-in-fact for Michael W. Rickheim, principal 05 Jun 2025 0001808077

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MATV Common Stock Options Exercise $0 +1,736 +2.21% $0 80,127 03 Jun 2025 Direct F1
transaction MATV Common Stock Disposed to Issuer -$9,929 -1,736 -2.17% $5.72 78,391 03 Jun 2025 Direct F1
transaction MATV Common Stock Options Exercise $0 +4,792 +6.11% $0 83,183 03 Jun 2025 Direct F2
transaction MATV Common Stock Tax liability -$12,366 -2,162 -2.6% $5.72 81,021 03 Jun 2025 Direct F2, F3
transaction MATV Common Stock Award $0 +11,321 +13.97% $0 92,342 03 Jun 2025 Direct F4
transaction MATV Common Stock Tax liability -$28,994 -5,069 -5.49% $5.72 87,273 03 Jun 2025 Direct F3, F4
transaction MATV Common Stock Award $0 +2,403 +2.75% $0 89,676 03 Jun 2025 Direct F5
transaction MATV Common Stock Tax liability -$6,200 -1,084 -1.21% $5.72 88,592 03 Jun 2025 Direct F3, F5
transaction MATV Common Stock Disposed to Issuer $0 -22,106 -24.95% $0 66,486 03 Jun 2025 Direct F6
transaction MATV Common Stock Tax liability -$4,135 -723 -1.09% $5.72 65,763 03 Jun 2025 Direct F3, F6

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 Options Exercise -2,274 -100% 0 03 Jun 2025 Common Stock 2,274 Direct F1
transaction MATV Restricted Stock Units Options Exercise -11,070 -100% 0 03 Jun 2025 Common Stock 11,070 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 16, 2023, the reporting person was granted 6,822 restricted stock units ("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. The reporting person resigned as the Mativ Holdings, Inc.'s Chief Human Resources and Communications Officer effective June 1, 2025 (the "Resignation"); as such, an additional 1,736 RSUs vested and settled in cash on June 3, 2025, and the unvested 538 RSUs were forfeited and no shares will be issued with respect to any portion of the unvested award.
F2 On April 26, 2024, the reporting person was granted 16,605 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. Upon the Resignation, an additional 4,792 RSUs vested and settled in cash on June 3, 2025, and the unvested 6,278 RSUs were forfeited and no shares will be issued with respect to any portion of the unvested award.
F3 Shares withheld to satisfy tax withholding obligation arising upon the vesting of RSUs.
F4 On April 26, 2024, the reporting person was granted a target number of 24,908 RSUs subject to performance and time-based vesting. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. Upon the Resignation, the reporting person was entitled to 11,321 vested RSUs.
F5 On March 19, 2025, the reporting person was granted a target number of 35,563 RSUs subject to performance and time-based vesting. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. Upon the Resignation, the reporting person was entitled to 2,403 vested RSUs.
F6 On March 19, 2025, the reporting person was granted 23,708 RSUs subject to time vesting. Such RSUs vest in three equal annual installments beginning on March 19, 2026, and each anniversary thereafter. Each RSU represents a right to receive one share of the common stock of the issuer upon vesting. Upon the Resignation, 1,602 RSUs vested, and the unvested 22,106 RSUs were forfeited and no shares will be issued with respect to any portion of the unvested award.