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METHODE ELECTRONICS INC — Director's Dealing 2020
Sep 29, 2020
33443_dirs_2020-09-29_55048e2c-8f5d-41b3-bf58-258b07463e04.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: METHODE ELECTRONICS INC (MEI)
CIK: 0000065270
Period of Report: 2020-09-27
Reporting Person: Shetty Anil (VP Methode & Pres. Dabir Surf.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-09-27 | Common Stock | A | 68000 | $0.00 | Acquired | 108019 | Direct |
| 2020-09-27 | Common Stock | A | 23000 | $0.00 | Acquired | 131019 | Direct |
Footnotes
F1: Restricted Stock granted under the Company's 2014 Omnibus Incentive Plan. The Restricted Stock is eligible to be earned based on the Company's Dabir subsidiary's Fiscal 2025 EBITDA, subject to certain adjustments.
F2: Restricted Stock Units granted under the Company's 2014 Omnibus Incentive Plan. The Restricted Stock Units are subject to a five-year vesting period, with 30% vesting on each of April 29, 2023 and May 4, 2024 and 40% vesting on May 3, 2025.
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