SEC Form 4 · accession 0001000623-19-000035
Mativ Holdings, Inc. · MATV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Deborah Borg
Director
Period of report
Feb 21, 2019
Accepted (ET)
Feb 25, 2019 · 4:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001000623
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF1,F2 | $0.00 | Feb 21, 2019 | A | 264 | A | Aug 8, 1998 | Aug 8, 1998 | SWM Common Stock | 264 | 264 | D |
Explanation of responses
- F1Driector's quarterly stock retainer deferred pursuant to the Director's electoin in accordance with the Schweitzer-Mauduit International, Inc. Deferred Compensation Plan No. 2 for Non-Employee Directors (the "Plan"). The Plan was filed as Exhibit 10.15 to the 2004 10-K
- F2Stock units can be converted to cash upon the earlier of retirement from the Board or termination as a Director in accordance with the Plan. Conversion into cash is based on the fair market value of SWM common stock on the date of conversion.