SEC Form 4 · accession 0001209191-15-024083
MYERS INDUSTRIES INC · MYE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John C Orr
Officer — President and CEO · Director
Period of report
Mar 5, 2015
Accepted (ET)
Mar 9, 2015 · 4:27 pm EDT
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 StockF1 | Mar 7, 2015 | M | 11,233 | $0.00 | A | 95,753 | D | |
| Common StockF2 | Mar 7, 2015 | F | 5,684 | $0.00 | D | 90,069 | D | |
| Common Stock | holding | — | — | — | 59,837 | I | By Spousal Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock OptionF3 | $18.69 | Mar 5, 2015 | A | 92,200 | A | — | Mar 5, 2025 | Common Stock | 92,200 | 92,200 | D |
| Restricted Stock UnitF4 | — | Mar 5, 2015 | A | 32,200 | A | — | — | Common Stock | 32,200 | 32,200 | D |
| Restricted Stock UnitF1,F4 | — | Mar 7, 2015 | M | 11,233 | D | — | — | Common Stock | 11,233 | 22,467 | D |
Explanation of responses
- F111,233 Restricted Stock Units vested on March 7, 2015.
- F2Represents a disposition of shares to Myers Industries, Inc. Such disposition is exempt under Section 16(b) under Rule 16b-3(e).
- F3The option grant vests ratably in three annual installments on the anniversary date of the grant.
- 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.