SEC Form 4 · accession 0001209191-19-017991
MYERS INDUSTRIES INC · MYE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrean Horton
Officer — EVP, CLO and Secretary
Period of report
Mar 6, 2019
Accepted (ET)
Mar 8, 2019 · 2:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000069488
Table I — non-derivative securities
No Table I lines on this filing.
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 | — | Mar 6, 2019 | A | 4,037 | A | — | — | Common Stock | 4,037 | 4,037 | D |
| Stock OptionsF3 | $18.58 | Mar 6, 2019 | A | 19,464 | A | — | Mar 6, 2029 | Common Stock | 19,464 | 19,464 | D |
| Performance SharesF4 | — | Mar 6, 2019 | A | 10,091 | A | — | Mar 15, 2022 | Common Stock | 10,091 | 10,091 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F2On March 6, 2019, the reporting person was granted 4,037 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
- F3On March 6, 2019, the reporting person was granted 19,464 options, vesting in three equal annual installments beginning on the first anniversary of the grant date.
- F4Each performance share represents a contingent right to receive one share of the Issuer's Common Stock based upon the Issuer's cumulative EBITDA (50%) and total free cash flow as a % of sales (50%) over a three-year performance period ending December 31, 2021.