0000899243-16-010979.txt : 20160105
0000899243-16-010979.hdr.sgml : 20160105
20160105215209
ACCESSION NUMBER: 0000899243-16-010979
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20151231
FILED AS OF DATE: 20160105
DATE AS OF CHANGE: 20160105
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MYERS INDUSTRIES INC
CENTRAL INDEX KEY: 0000069488
STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS PRODUCTS, NEC [3089]
IRS NUMBER: 340778636
STATE OF INCORPORATION: OH
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1293 S MAIN ST
CITY: AKRON
STATE: OH
ZIP: 44301
BUSINESS PHONE: 330-253-5592
MAIL ADDRESS:
STREET 1: 1293 SOUTH MAIN STREET
CITY: AKRON
STATE: OH
ZIP: 44301
FORMER COMPANY:
FORMER CONFORMED NAME: MYERS TIRE SUPPLY CO
DATE OF NAME CHANGE: 19720609
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ORR JOHN C
CENTRAL INDEX KEY: 0001219577
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08524
FILM NUMBER: 161325262
MAIL ADDRESS:
STREET 1: MYERS INDUSTRIES INC
STREET 2: 1293 S MAIN
CITY: AKRON
STATE: OH
ZIP: 44301
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2015-12-31
0
0000069488
MYERS INDUSTRIES INC
MYE
0001219577
ORR JOHN C
1293 SOUTH MAIN STREET
AKRON
OH
44301
0
0
0
1
Former Officer and Director
Common Stock
2015-12-31
4
M
0
15433
0.00
A
42599
D
Common Stock
2015-12-31
4
F
0
7810
0.00
D
34789
D
Common Stock
2015-12-31
4
M
0
11234
0.00
A
46023
D
Common Stock
2015-12-31
4
F
0
5685
0.00
D
40338
D
Common Stock
2015-12-31
4
M
0
10733
0.00
A
51071
D
Common Stock
2015-12-31
4
F
0
5570
0.00
D
45501
D
Common Stock
59837
I
By Spousal Trust
Restricted Stock Unit
2015-12-31
4
M
0
15433
0.00
D
Common Stock
15433
0
D
Restricted Stock Unit
2015-12-31
4
M
0
11234
0.00
D
Common Stock
22467
11233
D
Restricted Stock Unit
2015-12-31
4
M
0
10733
0.00
D
Common Stock
32200
21467
D
On March 1, 2013, the Company granted 46,300 Restricted Stock Units, with one-third of the Restricted Stock Units to vest on each of March 1, 2014, 2015, and 2016. Mr. Orr retired effective December 31, 2015, causing the accelation of the vesting and the payment for the Restricted Stock Units in the form of Common Stock of the remaining 15,433 Restricted Stock Units.
Represents a disposition of shares to the Company. Such disposition is exempt under Section 16(b) under Rule 16b-3(e).
On March 7, 2014, the Company granted 33,700 Restricted Stock Units, with one-third of the Restricted Stock Units to vest on each of March 7, 2015, 2016, and 2017. Mr. Orr retired effective December 31, 2015, causing the accelation of the vesting, and the payment for the Restricted Stock Units in the form of Common Stock, of 11,234 of the Restricted Stock Units. The remaining 11,233 Restricted Stock Units vested, however payment in the form of Common Stock for those shares will be delayed for six months pursuant to the operation of Internal Revenue Code Section 409A.
Of the 22,467 Restricted Stock Units from the March 7, 2014 grant that vested, payment in the form of Common Stock for 11,233 of those Restricted Stock Units will be delayed for six months pursuant to the operation of Internal Revenue Code Section 409A.
On March 5, 2015, the Company granted 32,200 Restricted Stock Units, with one-third of the Restricted Stock Units to vest on each of March 5, 2016, 2017, and 2018. Mr. Orr retired effective December 31, 2015, causing the accelation of the vesting, and the payment for the Restricted Stock Units in the form of Common Stock, of 10,733 of the Restricted Stock Units. The remaining 21,467 Restricted Stock Units vested, however payment in the form of Common Stock for those Restricted Stock Units will be delayed for six months pursuant to the operation of Internal Revenue Code Section 409A.
Of the 32,200 Restricted Stock Units from the March 5, 2015 grant that vested, payment in the form of Common Stock for 21,467 of those Restricted Stock Units will be delayed for six (6) months pursuant to the operation of Internal Revenue Code Section 409A.
A Restricted Stock Unit is the grant of the right to receive an amount equal to the fair market value of a share on the date that payment is made with respect to the Restricted Stock Unit. Subject to the instances of acceleration detailed above, the Restricted Stock Units vest in three equal installments on each of the first three anniversaries of the date of the grant.
/s/ Megan L. Mehalko pursuant to POA dated 10/25/06 and filed 4/25/08
2016-01-05