MATRIX SERVICE CO — Director's Dealing 2023

Sep 5, 2023

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: MATRIX SERVICE CO (MTRX)
CIK: 0000866273
Period of Report: 2023-08-28

Reporting Person: MONTALBANO DOUGLAS J (President, Matrix NAC)

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK	40909	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
RESTRICTED STOCK UNITS	$	2024-08-24	COMMON STOCK (1114.0)		Direct
RESTRICTED STOCK UNITS	$	2025-08-30	COMMON STOCK (2421.0)		Direct
RESTRICTED STOCK UNITS	$	2026-08-30	COMMON STOCK (5643.0)		Direct
RESTRICTED STOCK UNITS	$	2027-08-29	COMMON STOCK (14116.0)		Direct

Footnotes

F1: MATRIX SERVICE COMPANY COMMON STOCK.

F2: INCLUDES 17,615 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: 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.

F4: 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.

F5: 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.

F6: 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.

F7: FOR THIS SERVICE-BASED AWARD OF CASH-SETTLED RESTRICTED STOCK UNITS THAT WAS GRANTED ON AUGUST 29, 2023, 25% WILL VEST EACH YEAR FROM AUGUST 29, 2024 TO AUGUST 29, 2027.