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METHODE ELECTRONICS INC — Director's Dealing 2020
May 5, 2020
33443_dirs_2020-05-05_ac359786-865f-40c1-a75a-3df144d0141c.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: 2020-05-02
Reporting Person: Brotherton Michael (VP Methode & President, Grakon)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-05-02 | Common Stock | F | 2327 | $28.53 | Disposed | 0 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 54000 | Direct |
| Common Stock | 23991 | Direct |
| Common Stock | 469 | Indirect |
Footnotes
F1: In 2015, 24,000 restricted stock units were granted to the executive. The restricted stock units vested 30% on 04/28/2018, 30% on 04/27/2019 and 40% on 05/02/2020. Reflects the withholding of restricted stock units to cover the executive's tax withholding obligation.
F2: 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.
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.