SEC Form 3 · accession 0001209191-18-052245
METHODE ELECTRONICS INC · MEI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anil Shetty
Officer — VP Methode & Pres. Dabir Surf.
Period of report
Sep 13, 2018
Accepted (ET)
Sep 26, 2018 · 10:48 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000065270
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 54,000 | D | ||
| Common StockF2 | holding | — | — | — | 16,800 | D | ||
| Common Stock | holding | — | — | — | 10,604 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options | $37.01 | holding | — | — | — | Jul 7, 2017 | Jul 7, 2024 | Common Stock | 5,000 | — | D |
Explanation of responses
- F1Restricted stock granted under the terms of the Methode Electronics, Inc. 2014 Omnibus Incentive Plan (the "Plan"). The restricted stock is eligible to be earned based on the Company's fiscal 2020 EBITDA, as adjusted.
- F2Restricted stock units granted under the terms of the Plan. The restricted stock units vest 30% on 04/28/2018, 30% on 04/27/2019 and 40% on 05/02/2020.