MERCURY SYSTEMS INC — Director's Dealing 2023

Aug 21, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MERCURY SYSTEMS INC (MRCY)
CIK: 0001049521
Period of Report: 2023-08-17

Reporting Person: Ballhaus William L (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-08-17	Common Stock	A	82034	—	Acquired	94842	Direct
2023-08-17	Common Stock	A	64260	—	Acquired	159102	Direct
2023-08-17	Common Stock	A	92972	—	Acquired	252074	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-08-17	Employee Stock Option (Right to Buy)	$42.00	A	233500	Acquired	2027-08-17	Common Stock (233500)	Direct
2023-08-17	Employee Stock Option (Right to Buy)	$43.00	A	233500	Acquired	2027-08-17	Common Stock (233500)	Direct
2023-08-17	Employee Stock Option (Right to Buy)	$46.00	A	233500	Acquired	2028-08-17	Common Stock (233500)	Direct
2023-08-17	Employee Stock Option (Right to Buy)	$49.00	A	233500	Acquired	2028-08-17	Common Stock (233500)	Direct

Footnotes

F1: Represents a matching award of restricted stock that will vest on August 17, 2026 contingent on the Reporting Person's purchase of at least $1.5 million in Mercury common stock on or prior to December 15, 2023 and on the Reporting Person maintaining his existing ownership in Mercury common stock (including these additional purchased shares) through August 17, 2026.

F2: These shares of restricted stock vest in equal annual increments over the three-year period following the grant date.

F3: These shares of performance-based restricted stock vest between 0% and 225% of the amount listed in the table depending on the achievement of performance objectives for the three fiscal years ending July 3, 2026.