SEC Form 4 · accession 0001104657-18-000012
MATERION Corp · MTRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory R. Chemnitz
Officer — VP General Counsel & Secretary
Period of report
Mar 1, 2018
Accepted (ET)
Mar 5, 2018 · 3:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001104657
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 2, 2018 | M | 3,058 | $0.00 | A | 16,303 | D | |
| Common Stock | Mar 2, 2018 | F | 918 | $50.70 | D | 15,385 | D | |
| Common Stock | holding | — | — | — | 5,082 | I | Held in 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F3,F4 | — | Mar 1, 2018 | A | 3,359 | A | — | — | Common Stock | 3,359 | 6,417 | D |
| Restricted Stock UnitsF2,F3,F4 | — | Mar 2, 2018 | M | 3,058 | D | — | — | Common Stock | 3,058 | 3,359 | D |
| Stock Appreciation RightsF5 | $50.35 | Mar 1, 2018 | A | 5,358 | A | — | Mar 1, 2025 | Common Stock | 5,358 | 5,358 | D |
Explanation of responses
- F1These shares were issued pursuant to the vesting of a restricted stock unit award made in March 2015.
- F2Each restricted stock unit represents a contingent right to receive one share of MTRN common stock.
- F3The restricted stock units are subject to a three year vesting period.
- F4Expiration Date is the same as the Date Exercisable.
- F5The Stock Appreciation Rights vest in three equal annual installments beginning March 1, 2019.