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MATRIX SERVICE CO — Director's Dealing 2024
Sep 3, 2024
33135_dirs_2024-09-03_88df6088-0814-47ff-9afb-6325376a6019.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MATRIX SERVICE CO (MTRX)
CIK: 0000866273
Period of Report: 2024-08-29
Reporting Person: DURKIN KEVIN A (VP Chief Bus Dev/Strat Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-08-29 | COMMON STOCK | M | 2438 | — | Acquired | 81046 | Direct |
| 2024-08-29 | COMMON STOCK | D | 2438 | $9.95 | Disposed | 78608 | Direct |
| 2024-08-29 | COMMON STOCK | F | 869 | $9.95 | Disposed | 77739 | Direct |
| 2024-08-30 | COMMON STOCK | M | 1384 | — | Acquired | 79123 | Direct |
| 2024-08-30 | COMMON STOCK | D | 1384 | $9.96 | Disposed | 77739 | Direct |
| 2024-08-30 | COMMON STOCK | F | 461 | $9.96 | Disposed | 77278 | Direct |
| 2024-08-30 | COMMON STOCK | M | 1649 | — | Acquired | 78927 | Direct |
| 2024-08-30 | COMMON STOCK | D | 1649 | $9.96 | Disposed | 77278 | Direct |
| 2024-08-30 | COMMON STOCK | F | 549 | $9.96 | Disposed | 76729 | Direct |
| 2024-08-30 | COMMON STOCK | A | 3128 | — | Acquired | 79857 | Direct |
| 2024-08-30 | COMMON STOCK | F | 1116 | $9.96 | Disposed | 78741 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-08-29 | RESTRICTED STOCK UNITS | $ | M | 2438 | Disposed | 2027-08-29 | COMMON STOCK (2438) | Direct |
| 2024-08-30 | RESTRICTED STOCK UNITS | $ | M | 1384 | Disposed | 2025-08-30 | COMMON STOCK (1384) | Direct |
| 2024-08-30 | RESTRICTED STOCK UNITS | $ | M | 1649 | Disposed | 2026-08-30 | COMMON STOCK (1649) | Direct |
Footnotes
F1: 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.
F2: SHARES DISPOSED TO SATISFY TAX OBLIGATION DUE ON VEST DATE FOR STOCK-SETTLED RESTRICTED STOCK UNITS.
F3: SHARES RECEIVED ON CONVERSION OF PERFORMANCE STOCK UNIT AWARD AS PREDETERMINED MARKET-BASED CRITERIA WAS MET.
F4: SHARES DISPOSED TO SATISFY TAX OBLIGATION DUE ON VEST DATE FOR STOCK-SETTLED PERFORMANCE STOCK UNITS.
F5: FOR THIS SERVICE-BASED AWARD OF CASH-SETTLED RESTRICTED STOCK UNITS, 25% WILL VEST EACH YEAR FROM AUGUST 29, 2024 TO AUGUST 29, 2027.
F6: FOR THIS SERVICE-BASED AWARD OF CASH-SETTLED RESTRICTED STOCK UNITS, 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, 25% WILL VEST EACH YEAR FROM AUGUST 30, 2023 TO AUGUST 30, 2026.