SEC Form 4 · accession 0001104657-19-000013
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
Feb 22, 2019
Accepted (ET)
Feb 26, 2019 · 2:43 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 | 4,316 | $0.00 | A | 9,839 | D | |
| Common Stock | Feb 22, 2019 | F | 2,142 | $58.30 | D | 7,697 | D | |
| Common Stock | Feb 22, 2019 | S | 2,174 | $58.18 | D | 5,523 | D | |
| Common Stock | holding | — | — | — | 5,120 | 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 UnitsF1,F2,F3 | — | Feb 22, 2019 | A | 3,725 | A | — | — | Common Stock | 3,725 | 15,219 | D |
| Restricted Stock UnitsF1,F2,F3 | — | Feb 22, 2019 | M | 4,316 | D | — | — | Common Stock | 4,316 | 10,903 | D |
| Stock Appreciation RightsF4 | $58.30 | Feb 22, 2019 | A | 6,346 | A | — | Feb 22, 2026 | Common Stock | 6,346 | 6,346 | D |
Explanation of responses
- F1Each restricted stock unit represents a right to receive one share of MTRN common stock.
- F2The restricted stock units are subject to a three year vesting period.
- F3Expiration Date is the same as the Date Exercisable.
- F4The stock appreciation rights vest in three equal annual installments beginning February 22, 2020.