UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
20549
SCHEDULE 14A
(RULE 14A-101)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Filed by the
Registrant þ
Filed by a Party other than the
Registrant o
Check the appropriate box:
o Preliminary
Proxy Statement
o Confidential,
For Use of the Commission Only (as permitted by
Rule 14a-6(e)(2))
o Definitive
Proxy Statement
þ Definitive
Additional Materials
o 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):
þ No
fee required.
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Fee computed on table below per Exchange Act
Rules 14a-6(i)(1)
and 0-11.
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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):
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(4)
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Proposed maximum aggregate value of transaction:
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Fee paid previously with preliminary materials.
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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.
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(1)
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Amount previously paid:
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Form, Schedule or Registration Statement No.:
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News Release |
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NYSE: MYE |
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Contact(s): |
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- Donald A. Merril, Senior Vice President & Chief Financial Officer |
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- Max Barton, Director, Corporate Communications
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FOR IMMEDIATE RELEASE |
- Monica Vinay, Director, Investor & Financial Relations |
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(330) 253-5592 |
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Two Leading Proxy Advisory Firms Favor Myers Industries
Board-Recommended Nominees for Directors
Firms recommend shareholders vote the Companys WHITE proxy card
and not GAMCOs BLUE proxy card
April 21, 2011, Akron, Ohio Myers Industries, Inc. (NYSE: MYE) today announced that the two
leading proxy advisory firms Institutional Shareholder Services Inc. (ISS) and Glass, Lewis &
Co. LLC have recommended that shareholders vote FOR the election of all of the Companys Board
of Directors nominees on the WHITE proxy card at the 2011 Annual Meeting of Shareholders. The
analyses and recommendations of these proxy advisory firms are relied upon by hundreds of major
institutional investment firms, mutual funds and fiduciaries throughout the United States.
In their analyses, ISS and Glass Lewis conclude that GAMCO Asset Management, Inc., a dissident
shareholder that has nominated its own two candidates for the Board, has failed for the third year
in a row to provide a compelling argument either in favor of its candidates or against the
Board-recommended nominees. The proxy advisory firms note that the Boards candidates are highly
independent and that GAMCO has offered no substantive plans to improve upon the Companys ongoing
strategy for value creation.
The firms also recommended shareholder approval for ratification of Ernst & Young LLP as the
Companys independent auditors (Proposal 2); for approval of the Companys executive compensation
program (Proposal 3); and for holding the non-binding say-on-pay vote every year (Proposal 4).
The recommendations were issued to each proxy firms respective subscribers.
The Companys Annual Meeting of Shareholders will be held on April 29, 2011, at 9 a.m. ET, at the
Louis S. Myers Training Center in Akron, Ohio.
About Myers Industries
Myers Industries, Inc. is an international manufacturer of polymer products for industrial,
agricultural, automotive, commercial and consumer markets. The Company is also the largest
wholesale distributor of tools, equipment and supplies for the tire, wheel and undervehicle service
industry in the U.S. The Company reported net sales from continuing operations of $737.6 million
in 2010. Visit www.myersind.com to learn more.
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1293 South Main Street Akron, Ohio 44301 (330) 253-5592 Fax: (330) 761-6156
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NYSE / MYE |