MATRIX SERVICE CO — Director's Dealing 2021

May 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MATRIX SERVICE CO (MTRX)
CIK: 0000866273
Period of Report: 2021-05-14

Reporting Person: Cavanah Kevin S (VP Finance & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-14	COMMON STOCK	M	9813	$10.19	Acquired	117050	Direct
2021-05-14	COMMON STOCK	S	9813	$12.3714	Disposed	107237	Direct
2021-05-14	COMMON STOCK	M	7037	$10.19	Acquired	114274	Direct
2021-05-14	COMMON STOCK	S	7037	$12.3714	Disposed	107237	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-14	INCENTIVE STOCK OPTION (RIGHT TO BUY)	$10.19	M	9813	Disposed	2021-11-17	COMMON STOCK (9813.0)	Direct
2021-05-14	NON-QUALIFIED STOCK OPTION (RIGHT TO BUY)	$10.19	M	7037	Disposed	2021-11-17	COMMON STOCK (7037.0)	Direct

Footnotes

F1: MATRIX SERVICE COMPANY COMMON STOCK.

F2: OPTIONS WERE EXERCISED DUE TO UPCOMING EXPIRATION DATE COMBINED WITH LIMITED TRADING WINDOWS.

F3: THE PRICE REPORTED IS A WEIGHTED AVERAGE PRICE. THESE SHARES WERE SOLD IN MULTIPLE TRANSACTIONS AT PRICES RANGING FROM $12.36 TO $12.42, INCLUSIVE. THE REPORTING PERSON UNDERTAKES TO PROVIDE TO MATRIX SERVICE COMPANY, ANY SECURITY HOLDER OF MATRIX SERVICE COMPANY, OR THE STAFF OF THE SECURITIES AND EXCHANGE COMMISSION, UPON REQUEST, FULL INFORMATION REGARDING THE NUMBER OF SHARES SOLD AT EACH SEPARATE PRICE WITHIN THE RANGE SET FORTH.

F4: INCLUDES 73,950 SHARES OF MATRIX SERVICE COMPANY COMMON STOCK OWNED OUTRIGHT.

F5: THE STOCK OPTION BECAME 100% EXERCISABLE ON THE THIRD ANNIVERSARY DATE OF THE GRANT.

F6: NOT APPLICABLE.