John Lai - Jun 24, 2021 Form 4 Insider Report for Mister Car Wash, Inc. (MCW)

Role
Chief Executive Officer, Director
Signature
/s/ Lisa Funk, as Attorney-in-Fact for John Lai
Stock symbol
MCW
Transactions as of
Jun 24, 2021
Transactions value $
-$32,608,128
Form type
4
Date filed
7/1/2021, 07:23 PM
Next filing
Jun 25, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCW Common Stock Options Exercise $1.5M +2.27M +82.92% $0.66* 5.02M Jun 24, 2021 Direct F1
transaction MCW Common Stock Tax liability -$1.5M -100K -1.99% $15.00 4.92M Jun 24, 2021 Direct
transaction MCW Common Stock Sale -$32.6M -2.17M -44.22% $15.00 2.74M Jun 29, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MCW Stock Option (Right to Buy) Options Exercise $0 -2.27M -52.21% $0.00 2.08M Jun 24, 2021 Common Stock 2.27M $0.66 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of common stock outstanding reported on the Form 3 filed on June 25, 2021 inadvertently excluded the option exercise on June 24, 2021.
F2 The option outstanding after the June 24, 2021 exercise was incorrect on the Form 3 filed on June 25, 2021.
F3 The option is fully vested and exercisable.