Myers Industries Files Proxy Materials

TL;DR

Myers Industries dropped more proxy docs, no new fees. Standard shareholder stuff.

AI Summary

Myers Industries Inc. filed a Definitive Additional Materials proxy statement on March 27, 2024. This filing is related to the company's proxy materials and does not involve a new fee. The company is incorporated in Ohio and its fiscal year ends on December 31.

Why It Matters

This filing indicates that Myers Industries is providing additional information to shareholders regarding proxy matters, which is a standard part of corporate governance and shareholder communication.

Risk Assessment

Risk Level: low — This is a routine filing of additional proxy materials, not indicating any unusual events or risks.

Key Players & Entities

• MYERS INDUSTRIES INC (company) — Registrant
• 0000950170-24-037190 (filing_id) — Accession Number
• 20240327 (date) — Filing Date
• OH (state) — State of Incorporation
• 1231 (fiscal_year_end) — Fiscal Year End

FAQ

Key Financial Figures

• $18.69 — nding Options 1,500 March 5, 2025 $18.69 2,450 March 2, 2026 $11.62 3,37
• $11.62 — 2025 $18.69 2,450 March 2, 2026 $11.62 3,374 March 2, 2027 $14.30 8,78
• $14.30 — 2026 $11.62 3,374 March 2, 2027 $14.30 8,786 March 8, 2028 $21.30 7,81
• $21.30 — 2027 $14.30 8,786 March 8, 2028 $21.30 7,819 March 6, 2029 $18.58 23,9
• $18.58 — 2028 $21.30 7,819 March 6, 2029 $18.58 23,929 $18.27 Except as set forth
• $18.27 — 819 March 6, 2029 $18.58 23,929 $18.27 Except as set forth herein, there are

Filing Documents

• mye-proxy_supplement-032.htm (DEFA14A) — 43KB
• 0000950170-24-037190.txt ( ) — 44KB

From the Filing

DEFA14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE14A (RULE 14A-101) PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES EXCHANGE ACT OF 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, For Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to 240.14a-12 MYERS INDUSTRIES, INC. (NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) (NAME OF PERSON(S) FILING PROXY STATEMENT, IF OTHER THAN THE REGISTRANT) Payment of Filing Fee (Check the appropriate box): No fee required. Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. (1) Title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11. (set forth the amount on which the filing fee is calculated and state how it was determined): (4) Proposed maximum aggregate value of transaction: (5) Total fee paid: Fee paid previously with preliminary materials. Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount previously paid: (2) Form, Schedule or Registration Statement No.: (3) Filing Party: (4) Date Filed: Supplement to Myers Industries, Inc. Proxy Statement AND NOTICE OF ANNUAL MEETING OF SHAREHOLDERS FOR THE 2024 ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON APRIL 25, 2024 This proxy statement supplement dated March 27, 2024 (the “Supplement”) supplements the definitive proxy statement and notice of annual meeting of shareholders dated March 18, 2024 (the “Proxy Statement”) of Myers Industries, Inc. (the “Company”) relating to the proxy being solicited by the Company’s Board of Directors (the “Board”) in connection with the Company’s 2024 Annual Meeting of Shareholders (the “Annual Meeting”) to be held on April 25, 2024. Proposal No. 3 – Adopt the Myers Industries, Inc. 2024 Long-Term Incentive Plan As described in the Proxy Statement, on February 29, 2024, our Board unanimously adopted, subject to approval by our shareholders, the Myers Industries, Inc. 2024 Long-Term Incentive Plan (the “2024 Plan”), including authorization to reserve 2,500,000 shares of our common stock (“Shares”) to be available for the grant of awards under the 2024 Plan. The Company currently maintains three stock incentive plans – the 2017 Incentive Stock Plan of Myers Industries, Inc., as amended and restated (the “2017 Plan”), the Myers Industries, Inc. 2021 Long-Term Incentive Plan (the “2021 Plan”) (collectively, the “Prior Plans”), and the Myers Industries, Inc. Employee Stock Purchase Plan (the “Employee Stock Purchase Plan”). The last year in which awards were granted under the 2017 Plan was 2021, prior to approval and adoption of the 2021 Plan by our shareholders on April 29, 2021. The Company provided the following disclosures and commitments in the summary of Proposal 3 in the Proxy Statement regarding the total shares which may be delivered under the Prior Plans including pursuant to awards outstanding under the Prior Plans as of March 16, 2024. As of March 7, 2024, the most recently available date before the date of this proxy statement, 36,939,137 shares of our common stock were outstanding. The number of outstanding shares will not materially change between March 7, 2024 and March 16, 2024. Total shares subject to outstanding awards under the Prior Plans as of March 16, 2024 were 943,634 (approximately 2.55% of our outstanding shares) comprised of the following: Outstanding and unvested service-based restricted stock units (RSUs): 456,342 Outstanding and unvested performance-based restricted stock units (PSUs) (assuming that outstanding awards are settled at target performance): 463,363 Outstanding stock options: 23,929 Outstanding stock appreciation rights: None No new awards have been, or will be, granted under the 2021 Plan after March 16, 2024 unless the 2024 Plan is not approved by shareholders. As of March 16, 2024, the number of shares that otherwise remained available for future awards under the 2021 Plan that no longer are available for future awards (assuming the 2024 Plan is approved by shareholders) totaled 206,623. [Emphasis added] On March 25, 2024, the Company was informed by Institutional Shareholder Services Inc. (“ISS”) that ISS

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