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MATRIX SERVICE CO — Director's Dealing 2022
Sep 7, 2022
33135_dirs_2022-09-07_a816909a-5305-431a-a18e-f1a516e00bef.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: MATRIX SERVICE CO (MTRX)
CIK: 0000866273
Period of Report: 2022-09-01
Reporting Person: PAYNE SHAWN P (President, Matrix Service)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| COMMON STOCK | 35801 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| RESTRICTED STOCK UNITS | $ | 2024-08-24 | COMMON STOCK (2785.0) | Direct | |
| RESTRICTED STOCK UNITS | $ | 2025-08-30 | COMMON STOCK (4540.0) | Direct | |
| RESTRICTED STOCK UNITS | $ | 2026-08-30 | COMMON STOCK (11269.0) | Direct |
Footnotes
F1: MATRIX SERVICE COMPANY COMMON STOCK.
F2: INCLUDES 16,020 SHARES OF MATRIX SERVICE COMPANY COMMON STOCK OWNED OUTRIGHT. THE REMAINING SHARES ARE RESTRICTED STOCK OWNED BUT NOT YET RELEASED DUE TO FUTURE VESTING REQUIREMENTS.
F3: EACH RESTRICTED STOCK UNIT IS THE ECONOMIC EQUIVALENT OF ONE SHARE OF MATRIX SERVICE COMPANY COMMON STOCK. ALL RESTRICTED STOCK UNITS ARE SETTLED SOLELY IN CASH WHEN VESTED.
F4: FOR THIS SERVICE-BASED AWARD OF CASH-SETTLED RESTRICTED STOCK UNITS THAT WAS GRANTED ON AUGUST 24, 2020, 25% WILL VEST EACH YEAR FROM AUGUST 24, 2021 TO AUGUST 24, 2024.
F5: NOT APPLICABLE.
F6: FOR THIS SERVICE-BASED AWARD OF CASH-SETTLED RESTRICTED STOCK UNITS THAT WAS GRANTED ON AUGUST 30, 2021, 25% WILL VEST EACH YEAR FROM AUGUST 30, 2022 TO AUGUST 30, 2025.
F7: FOR THIS SERVICE-BASED AWARD OF CASH-SETTLED RESTRICTED STOCK UNITS THAT WAS GRANTED ON AUGUST 30, 2022, 25% WILL VEST EACH YEAR FROM AUGUST 30, 2023 TO AUGUST 30, 2026.