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METHODE ELECTRONICS INC Director's Dealing 2020

Sep 29, 2020

33443_dirs_2020-09-29_f8040a79-ac62-4f42-be80-0ac78ca7d66a.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: DUDA DONALD W (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-09-27 Common Stock A 375000 $0.00 Acquired 873382 Direct
2020-09-27 Common Stock A 375000 $0.00 Acquired 1248382 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 72293 Indirect

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 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.