AI assistant
METHODE ELECTRONICS INC — Director's Dealing 2018
Sep 25, 2018
33443_dirs_2018-09-25_00003106-8abc-4636-a365-403bcba9c352.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: METHODE ELECTRONICS INC (MEI)
CIK: 0000065270
Period of Report: 2018-09-13
Reporting Person: Brotherton Michael (VP Methode & President, Grakon)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 54000 | Direct |
| Common Stock | 16800 | Direct |
| Common Stock | 11262 | Direct |
| Common Stock | 458 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option | $37.01 | 2024-07-07 | Common Stock (1668) | Direct |
Footnotes
F1: Restricted stock granted under the terms of the Methode Electronics, Inc. 2014 Omnibus Incentive Plan (the "Plan"). The restricted stock is eligible to be earned based on the Company's fiscal 2020 EBITDA, as adjusted.
F2: Restricted stock units granted under the terms of the Plan. The restricted stock units vest 30% on 04/28/2018, 30% on 04/27/2019 and 40% on 05/02/2020.
F3: Shares purchased with periodic payroll withholding, company contribution and/or quarterly dividends received on Methode common stock held in the Methode 401(k) Plan.