New insider Basque Dave claimed ownership of 24,152 shares (SEC Form 3)
FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 09/09/2024 |
3. Issuer Name and Ticker or Trading Symbol
MYERS INDUSTRIES INC [ MYE ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 24,152 | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Restricted Stock Units | (1) | (1) | Common Stock | 1,672 | (2) | D | |
Performance Stock Units | (3) | 03/16/2025 | Common Stock | 7,523 | (3) | D | |
Restricted Stock Units | (4) | (4) | Common Stock | 3,209 | (2) | D | |
Performance Stock Units | (5) | 03/16/2026 | Common Stock | 7,220 | (5) | D | |
Restricted Stock Units | (6) | (6) | Common Stock | 5,411 | (2) | D | |
Performance Stock Units | (7) | 03/16/2027 | Common Stock | 8,117 | (7) | D |
Explanation of Responses: |
1. On March 15, 2022, the reporting person was granted 5,016 restricted stock units, subject to vesting in three equal annual installments, with 1,672 restricted stock units remaining subject to vesting on March 16, 2025. |
2. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. |
3. Each performance stock unit represents a contingent right to receive one share of the Issuer's Common Stock based upon the Issuer's cumulative adjusted EBITDA over a three-year performance period ending December 31, 2024, subject to a modifier based on relative total shareholder return. |
4. On March 7, 2023, the reporting person was granted 4,813 restricted stock units, subject to vesting in three equal installments, with 3,209 restricted stock units remaining subject to vesting on March 16, 2025 and March 16, 2026. |
5. Each performance stock unit represents a contingent right to receive one share of the Issuer's Common Stock based upon the Issuer's cumulative adjusted EBITDA over a three-year performance period ending December 31, 2025, subject to a modifier based on relative total shareholder return. |
6. On March 7, 2024, the reporting person was granted 5,411restricted stock units, subject to vesting in three equal installments on March 16, 2025, March 16, 2026, and March 16, 2027. |
7. Each performance stock unit represents a contingent right to receive one share of the Issuer's Common Stock based upon the Issuer's cumulative adjusted earnings per share over a three-year performance period ending December 31, 2026, subject to a modifier based on relative total shareholder return. |
/s/ J. Bret Treier, via Power of Attorney | 09/30/2024 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |