0000063296-20-000090.txt : 20201118
0000063296-20-000090.hdr.sgml : 20201118
20201118175028
ACCESSION NUMBER: 0000063296-20-000090
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201116
FILED AS OF DATE: 20201118
DATE AS OF CHANGE: 20201118
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BARTOLACCI JOSEPH C
CENTRAL INDEX KEY: 0001211955
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-09115
FILM NUMBER: 201326172
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MATTHEWS INTERNATIONAL CORP
CENTRAL INDEX KEY: 0000063296
STANDARD INDUSTRIAL CLASSIFICATION: NONFERROUS FOUNDRIES (CASTINGS) [3360]
IRS NUMBER: 250644320
STATE OF INCORPORATION: PA
FISCAL YEAR END: 0930
BUSINESS ADDRESS:
STREET 1: TWO NORTHSHORE CENTER
CITY: PITTSBURGH
STATE: PA
ZIP: 15212-5851
BUSINESS PHONE: 4124428200
MAIL ADDRESS:
STREET 1: TWO NORTHSHORE CENTER
CITY: PITTSBURGH
STATE: PA
ZIP: 15212-5851
FORMER COMPANY:
FORMER CONFORMED NAME: MATTHEWS JAMES H & CO
DATE OF NAME CHANGE: 19780823
4
1
wf-form4_160573981438558.xml
FORM 4
X0306
4
2020-11-16
0
0000063296
MATTHEWS INTERNATIONAL CORP
MATW
0001211955
BARTOLACCI JOSEPH C
TWO NORTHSHORE CENTER
PITTSBURGH
PA
15212
1
1
0
0
President and CEO
Class A Common Stock
2020-11-16
4
F
0
14000
26.03
D
324326
D
Restricted Share Units
0.0
2020-11-16
4
A
0
135500
0
A
Class A Common Stock
135500.0
135500
D
Sale of Shares to the registrant to cover tax withholding on the vesting of restricted shares.
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.
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.
The Power of Attorney dated February 27, 2018 was filed on November 14, 2018, in Form 4, and is incorporated herein by reference.
/s/ Brian D. Walters (Attorney-in-Fact)
2020-11-18