SEC Form 4 · accession 0001104657-19-000012
MATERION Corp · MTRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph P Kelley
Officer — Vice President, Finance & CFO
Period of report
Feb 22, 2019
Accepted (ET)
Feb 26, 2019 · 1:58 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 | Feb 22, 2019 | M | 4,536 | $58.30 | A | 7,459 | D | |
| Common Stock | Feb 22, 2019 | F | 1,341 | $58.30 | D | 6,118 | D | |
| Common Stock | holding | — | — | — | 521 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF1 | $58.30 | Feb 22, 2019 | A | 8,981 | A | — | Feb 22, 2026 | Common Stock | 8,981 | 8,981 | D |
| Restricted Stock UnitsF2,F3,F4 | — | Feb 22, 2019 | A | 5,271 | A | — | — | Common Stock | 5,271 | 23,991 | D |
| Restricted Stock UnitsF2,F3,F4 | — | Feb 22, 2019 | M | 4,536 | D | — | — | Common Stock | 4,536 | 19,455 | D |
Explanation of responses
- F1The Stock Appreciation Rights vest in three equal annual installments beginning February 22, 2020.
- F2Each restricted stock unit represents a 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.