Joshua W. LeMaire - 16 Sep 2021 Form 4 Insider Report for Montrose Environmental Group, Inc. (MEG)

Signature
/s/ Nasym Afsari, Attorney In Fact
Issuer symbol
MEG
Transactions as of
16 Sep 2021
Net transactions value
-$612,998
Form type
4
Filing time
17 Sep 2021, 20:26:40 UTC
Previous filing
19 Aug 2021
Next filing
23 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MEG Common Stock Options Exercise $11,029 +1,829 +83% $6.03* 4,029 16 Sep 2021 Direct
transaction MEG Common Stock Sale $109,740 -1,829 -45% $60.00 2,200 16 Sep 2021 Direct
transaction MEG Common Stock Options Exercise $50,640 +2,110 +96% $24.00 4,310 16 Sep 2021 Direct
transaction MEG Common Stock Sale $126,600 -2,110 -49% $60.00 2,200 16 Sep 2021 Direct
transaction MEG Common Stock Options Exercise $27,334 +865 +39% $31.60 3,065 16 Sep 2021 Direct
transaction MEG Common Stock Sale $51,900 -865 -28% $60.00 2,200 16 Sep 2021 Direct
transaction MEG Common Stock Options Exercise $42,783 +7,095 +322% $6.03* 9,295 17 Sep 2021 Direct
transaction MEG Common Stock Sale $426,268 -7,095 -76% $60.08 2,200 17 Sep 2021 Direct F1
transaction MEG Common Stock Options Exercise $14,400 +600 +27% $24.00 2,800 17 Sep 2021 Direct
transaction MEG Common Stock Sale $36,102 -600 -21% $60.17 2,200 17 Sep 2021 Direct F2
transaction MEG Common Stock Options Exercise $9,480 +300 +14% $31.60 2,500 17 Sep 2021 Direct
transaction MEG Common Stock Sale $18,054 -300 -12% $60.18 2,200 17 Sep 2021 Direct F3

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 MEG Stock Option (Right to Buy) Options Exercise $0 -1,829 -0.97% $0.000000 186,046 16 Sep 2021 Common Stock 1,829 $6.03 Direct F4
transaction MEG Stock Option (Right to Buy) Options Exercise $0 -2,110 -10% $0.000000 18,350 16 Sep 2021 Common Stock 2,110 $24.00 Direct F5
transaction MEG Stock Option (Right to Buy) Options Exercise $0 -865 -4.6% $0.000000 18,027 16 Sep 2021 Common Stock 865 $31.60 Direct F6
transaction MEG Stock Option (Right to Buy) Options Exercise $0 -7,095 -3.8% $0.000000 178,951 17 Sep 2021 Common Stock 7,095 $6.03 Direct F4
transaction MEG Stock Option (Right to Buy) Options Exercise $0 -600 -3.3% $0.000000 17,750 17 Sep 2021 Common Stock 600 $24.00 Direct F5
transaction MEG Stock Option (Right to Buy) Options Exercise $0 -300 -1.7% $0.000000 17,727 17 Sep 2021 Common Stock 300 $31.60 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares of common stock of the Issuer were sold in multiple transactions by the Reporting Person at prices ranging from $60.00 to $60.40, inclusive. The Reporting Person undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares of common stock sold at each separate price within the range.
F2 The price reported in Column 4 is a weighted average price. These shares of common stock of the Issuer were sold in multiple transactions by the Reporting Person at prices ranging from $60.00 to $60.36, inclusive. The Reporting Person undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares of common stock sold at each separate price within the range.
F3 The price reported in Column 4 is a weighted average price. These shares of common stock of the Issuer were sold in multiple transactions by the Reporting Person at prices ranging from $60.00 to $60.35, inclusive. The Reporting Person undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares of common stock sold at each separate price within the range.
F4 50% of the shares subject to the option vested on July 13, 2017 and the remaining 50% vested on July 13, 2019.
F5 33.33% of the shares subject to the option vested on January 10, 2020, 33.33% vested on January 10, 2021 and the remaining balance will vest on January 10, 2022, subject to the Reporting Person's continued service to the Issuer.
F6 33.33% of the shares subject to the option vested on January 1, 2021, 33.33% will vest on January 1, 2022 and the remaining balance will vest on January 1, 2023, subject to the Reporting Person's continued service to the Issuer.

Remarks:

The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.