Form Type: 4

SEC EDGAR Link
Accession Number:0000063296-20-000084
Date:2020-11-16
Issuer: MATTHEWS INTERNATIONAL CORP (MATW)
Original Submission Date:

Reporting Person:

MARSH ROBERT M
TWO NORTHSHORE CENTER
PITTSBURGH, PA 15212

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
CLASS A COMMON STOCK 2020-11-16 F 278 d $26.03 17,604 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
RESTRICTED SHARE UNITS 0.0 2020-11-16 deemed execution date A 3,600 (a) class a common stock 3,600 $0.00 3,600 direct
Footnotes
IDfootnote
f1 sale of shares to the registrant to cover tax withholding on the vesting of restricted shares.
f2 award of restricted share units under the company's 2017 equity incentive plan (the "plan"), subject to the agreement entered into under the plan. each restricted share unit represents a contingent right to receive shares of the company's common stock as described below.
f3 in general, 50% of the grant vests on november 16, 2023; 25% of the grant vests at target based upon the company achieving certain metrics based on return on invested capital ("roic"); and 25% of the grant vests at target based upon stock price appreciation for the company's common stock. vesting of all units are generally subject to continuing employment through november 16, 2023. upon vesting, time-based units will be converted to an equal number of shares of the company's common stock; performance based units will be converted to the company's common stock using a factor ranging from 50% to 200% based upon the level of achievement of the performance thresholds related to the above targets. performance related units that do not achieve the roic or stock price appreciation thresholds by the end of the performance period will be forfeited.
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