<SEC-DOCUMENT>0000950170-25-011906.txt : 20250131
<SEC-HEADER>0000950170-25-011906.hdr.sgml : 20250131
<ACCEPTANCE-DATETIME>20250131180004
ACCESSION NUMBER:		0000950170-25-011906
CONFORMED SUBMISSION TYPE:	4/A
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20241202
FILED AS OF DATE:		20250131
DATE AS OF CHANGE:		20250131

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Ullrich Lars
		CENTRAL INDEX KEY:			0002047068
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33731
		FILM NUMBER:		25579728

	MAIL ADDRESS:	
		STREET 1:		C/O METHODE ELECTRONICS, INC.
		STREET 2:		8750 W. BRYN MAWR AVE., SUITE 1000
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60631

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			METHODE ELECTRONICS INC
		CENTRAL INDEX KEY:			0000065270
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRONIC CONNECTORS [3678]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				362090085
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0503

	BUSINESS ADDRESS:	
		STREET 1:		8750 WEST BRYN MAWR AVENUE
		STREET 2:		SUITE 1000
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60631
		BUSINESS PHONE:		7088676777

	MAIL ADDRESS:	
		STREET 1:		8750 WEST BRYN MAWR AVENUE
		STREET 2:		SUITE 1000
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60631
</SEC-HEADER>
<DOCUMENT>
<TYPE>4/A
<SEQUENCE>1
<FILENAME>ownership.xml
<DESCRIPTION>4/A
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4/A</documentType>

    <periodOfReport>2024-12-02</periodOfReport>

    <dateOfOriginalSubmission>2024-12-04</dateOfOriginalSubmission>

    <issuer>
        <issuerCik>0000065270</issuerCik>
        <issuerName>METHODE ELECTRONICS INC</issuerName>
        <issuerTradingSymbol>MEI</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002047068</rptOwnerCik>
            <rptOwnerName>Ullrich Lars</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>8750 W. BRYN MAWR AVE.</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 1000</rptOwnerStreet2>
            <rptOwnerCity>CHICAGO</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>60631</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>true</isOfficer>
            <isTenPercentOwner>false</isTenPercentOwner>
            <isOther>false</isOther>
            <officerTitle>SVP Global Automotive Business</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>false</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2024-12-02</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>false</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>38768</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>38768</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Restricted Stock Units granted under the Company's 2022 Omnibus Incentive Plan. The Restricted Stock Units will vest 1/3 on each of the first, second and third anniversaries of the award date.</footnote>
    </footnotes>

    <remarks>On December 4, 2024, the Reporting Person filed a Form 4 (&quot;Original Form 4&quot;), which inadvertently overstated the number of Restricted Stock Units reported therein. This amendment is being filed to correct the amounts listed in column 5 of Table 1, and there have been no other changes to the information presented in the Original Form 4.</remarks>

    <ownerSignature>
        <signatureName>/s/ Kerry Vyverberg as attorney-in-fact for Lars Ullrich</signatureName>
        <signatureDate>2025-01-31</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>mei-ex24.htm
<DESCRIPTION>EX-24
<TEXT>
<html>
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  <title>EX-24</title>
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  <div style="z-index:-3;min-height:0.85in;position:relative;"></div>
  <p style="font-size:10pt;margin-top:3.5pt;font-family:Times New Roman;margin-bottom:0;margin-right:0.102%;text-align:center;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;text-decoration:underline;font-size:10.5pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Power of Attorney</font></p>
  <p style="margin-left:1.147%;text-indent:6.949%;font-size:10pt;margin-top:11.95pt;font-family:Times New Roman;margin-bottom:0;margin-right:1.185%;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Know all by these presents, that I do here appoint each Kerry Vyverberg and Amit Patel, each acting singly, as my true and lawful attorney-in-fact with full power and authority as hereinafter described on behalf of and in the name, place and stead of the undersigned to:</font></p>
  <div class="item-list-element-wrapper" style="margin-left:7.87%;margin-top:10.1pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;margin-right:1.065%;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;font-kerning:none;min-width:1.2981656355150333%;word-break:keep-all;display:inline-flex;justify-content:flex-start;">(1)</font><div style="width:100%;display:inline;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">prepare, execute, acknowledge, deliver and file Forms 3, 4 and 5 (including any amendments thereto) with respect to the securities of Methode Electronics, Inc., a Delaware corporation (the &#34;Company&#34;), with the United States Securities and Exchange Commission (the &#34;SEC&#34;), any national securities exchanges and the Company, as considered necessary or desirable under Section 16(a) of the Securities Exchange Act of 1934 and the rules and regulations promulgated thereunder, as amended from time to time (the &#34;Exchange Act&#34;);</font></div></div>
  <div class="item-list-element-wrapper" style="margin-left:8%;margin-top:9.75pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;margin-right:1.065%;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;font-kerning:none;min-width:1.159782608695652%;word-break:keep-all;display:inline-flex;justify-content:flex-start;">(2)</font><div style="width:100%;display:inline;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">seek or obtain, as the undersigned's representative and on the undersigned's behalf, information on transactions in the Company's securities from any third party, including brokers, employee benefit plan administrators and trustees, and the undersigned hereby authorizes any such person to release any such information to any such attorney-in-fact and approves and ratifies any such release of information; and</font></div></div>
  <div class="item-list-element-wrapper" style="margin-left:8%;margin-top:10.2pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;margin-right:1.065%;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;font-kerning:none;min-width:1.159782608695652%;word-break:keep-all;display:inline-flex;justify-content:flex-start;">(3)</font><div style="width:100%;display:inline;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">perform any and all other acts which in the discretion of each such attorney-in-fact are necessary or desirable for and on behalf of the undersigned in connection with the foregoing.</font></div></div>
  <p style="margin-left:1.227%;font-size:10pt;margin-top:9.75pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">The undersigned acknowledges and agrees that:</font></p>
  <div class="item-list-element-wrapper" style="margin-left:8%;margin-top:11.5pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;margin-right:1.065%;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;font-kerning:none;min-width:1.159782608695652%;word-break:keep-all;display:inline-flex;justify-content:flex-start;">(1)</font><div style="width:100%;display:inline;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">each attorney-in-fact is authorized but not required to act in his or her discretion on any information received in connection with this Power of Attorney without independent verification thereof;</font></div></div>
  <div class="item-list-element-wrapper" style="margin-left:8%;margin-top:10.45pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;margin-right:1.065%;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;font-kerning:none;min-width:1.159782608695652%;word-break:keep-all;display:inline-flex;justify-content:flex-start;">(2)</font><div style="width:100%;display:inline;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">any documents prepared and/or executed pursuant to this Power of Attorney will be in such form and will contain such information and disclosure as such attorney-in-fact, in his or her discretion, deems necessary or desirable;</font></div></div>
  <div class="item-list-element-wrapper" style="margin-left:8%;margin-top:10.1pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;margin-right:1.065%;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;font-kerning:none;min-width:1.159782608695652%;word-break:keep-all;display:inline-flex;justify-content:flex-start;">(3)</font><div style="width:100%;display:inline;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">neither the Company nor any attorney-in-fact assumes (i) any liability for the undersigned's responsibility to comply with the requirements of the Exchange Act, (ii) any liability of the undersigned for any failure to comply with such requirements, or (iii) any obligation or liability of the undersigned for profit disgorgement under Section l 6{b) of the Exchange Act; and</font></div></div>
  <div class="item-list-element-wrapper" style="margin-left:8%;display:flex;margin-top:9.85pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;margin-right:1.065%;min-width:0.13%;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;font-kerning:none;min-width:5.068478260869565%;word-break:keep-all;display:inline-flex;justify-content:flex-start;">(4)</font><div style="width:100%;display:inline;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">this Power of Attorney does not relieve the undersigned from responsibility for compliance with the undersigned's obligations under the Exchange Act, including without limitation the reporting requirements under Section 16 of the Exchange Act.</font></div></div>
  <p style="margin-left:1.413%;text-indent:6.785%;font-size:10pt;margin-top:10.1pt;font-family:Times New Roman;margin-bottom:0;margin-right:0.917%;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">The undersigned hereby gives and grants to each of the foregoing attorneys-in-fact full power and authority to do and perform all and every act and thing whatsoever requisite, necessary or appropriate to be done in and about the foregoing matters as fully to all intents and purposes as the undersigned might or could do if present, and hereby ratifies and approves all such acts and things lawfully taken on behalf of the undersigned by virtue of this Power of Attorney.</font></p>
  <div class="page-node-content"><div style="z-index:-3;flex-direction:column;display:flex;min-height:0.19in;justify-content:flex-end;position:relative;"></div></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;page-break-after:always;">
  <div style="padding-top:0.5in;z-index:-3;min-height:0.86in;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</font></p></div>
  <p style="margin-left:1.187%;text-indent:6.812%;font-size:10pt;margin-top:3.45pt;font-family:Times New Roman;margin-bottom:0;margin-right:1.148%;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">This Power of Attorney shall remain in full force and effect until revoked by the undersigned in a signed writing delivered to the attorneys-in-fact.</font></p>
  <p style="margin-left:1.147%;text-indent:6.852%;font-size:10pt;margin-top:10.1pt;font-family:Times New Roman;margin-bottom:0;margin-right:1.167%;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 9</font><font style="color:#000000;white-space:pre-wrap;vertical-align:super;font-size:7.37pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">th</font><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;"> day of December 2024.</font></p>
  <p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:3.5pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</font></p>
  <p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:3.5pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</font></p>
  <p style="margin-left:1.16%;font-size:10pt;margin-top:0.55pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</font></p>
  <p style="margin-left:1.16%;font-size:10pt;margin-top:0.55pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">/s/ Lars Ullrich</font></p>
  <p style="margin-left:1.16%;font-size:10pt;margin-top:0.55pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">__________________________________<br>Signature</font></p>
  <p style="margin-left:1.12%;font-size:10pt;margin-top:12.6pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Print Name:  Lars Ullrich</font></p>
  <p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</font></p>
  <div class="page-node-content"><div style="z-index:-3;flex-direction:column;display:flex;padding-bottom:0.5in;min-height:0.19in;justify-content:flex-end;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</font></p></div></div>
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</SEC-DOCUMENT>
