SEC Form 4 · accession 0000899243-17-006627
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
Mar 2, 2017
Accepted (ET)
Mar 6, 2017 · 7:58 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 | Mar 2, 2017 | M | 10,200 | $0.00 | A | 63,188 | D | |
| Common Stock | Mar 2, 2017 | F | 3,928 | $14.30 | D | 59,260 | 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 UnitF3 | — | Mar 2, 2017 | M | 10,200 | D | — | — | Common Stock | 10,200 | 20,400 | D |
| Restricted Stock UnitF3 | — | Mar 2, 2017 | A | 24,752 | A | — | — | Common Stock | 24,752 | 24,752 | D |
| Common Stock OptionF4 | $14.30 | Mar 2, 2017 | A | 154,882 | A | — | Mar 2, 2027 | Common Stock | 154,882 | 154,882 | D |
Explanation of responses
- F110,200 Restricted Stock Units vested on March 2, 2017.
- F2Shares withheld to satisfy tax withholding requirements upon vesting of Restricted Stock Units.
- F3A 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 three equal installments on each of the first three anniversaries of the date of the grant.
- F4The option grant vests ratably in three annual installments on the anniversary date of the grant.