SEC Form 4 · accession 0000899243-16-035154
MYERS INDUSTRIES INC · MYE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R David Banyard
Officer — President and CEO
Period of report
Dec 7, 2016
Accepted (ET)
Dec 8, 2016 · 6:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000069488
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 7, 2016 | M | 32,873 | $0.00 | A | 52,873 | D | |
| Common Stock | Dec 7, 2016 | F | 10,881 | $14.50 | D | 41,992 | D | |
| Common Stock | Dec 7, 2016 | M | 16,437 | $0.00 | A | 58,429 | D | |
| Common Stock | Dec 7, 2016 | F | 5,441 | $14.50 | D | 52,988 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF4 | — | Dec 7, 2016 | M | 32,873 | D | — | — | Common Stock | 32,873 | 65,747 | D |
| Restricted Stock UnitF5 | — | Dec 7, 2016 | M | 16,437 | D | — | — | Common Stock | 16,437 | 16,437 | D |
Explanation of responses
- F132,873 Restricted Stock Units vested on December 7, 2016.
- F2Shares withheld to satisfy tax withholding requirements upon vesting of restricted stock units.
- F316,437 Restricted Stock Units vested on December 7, 2016.
- F4A Restricted Stock Unit is the grant of the right to receive an amount equal to the fair market value of a share on the date that payment is made with respect to the Restricted Stock Unit. The Restricted Stock Units vest in three equal installments on each of the first three anniversaries of the date of the grant.
- F5A Restricted Stock Unit is the grant of the right to receive an amount equal to the fair market value of a share on the date that payment is made with respect to the Restricted Stock Unit. The Restricted Stock Units in this award vest in two equal installments on each of the first two anniversaries of the date of the grant.