Mary A. Lindsey - Jul 7, 2022 Form 4 Insider Report for METHODE ELECTRONICS INC (MEI)

Role
Director
Signature
/s/ Ronald L.G. Tsoumas as attorney-in-fact for Mary A. Lindsey
Stock symbol
MEI
Transactions as of
Jul 7, 2022
Transactions value $
$140,015
Form type
4
Date filed
7/11/2022, 05:00 PM
Previous filing
May 3, 2022
Next filing
Jul 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MEI Phantom Stock Award $140K +3.89K +129.82% $36.04 6.88K Jul 7, 2022 In Deferred Comp. Plan F1
holding MEI Common Stock 3K Jul 7, 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock award granted pursuant to the Methode Electronics, Inc. 2014 Omnibus Incentive Plan. The director elected to defer the award pursuant to the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan (the "Plan"). Each share of phantom stock represents the economic equivalent of one share of the Company's common stock. The phantom stock is payable in shares of the Company's common stock upon distribution from the Plan.