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

Role
Chief Operating Officer
Signature
/s/ Nasym Afsari, Attorney In Fact
Stock symbol
MEG
Transactions as of
Sep 16, 2021
Transactions value $
-$612,998
Form type
4
Date filed
9/17/2021, 08:26 PM
Previous filing
Aug 19, 2021
Next filing
Sep 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MEG Common Stock Options Exercise $11K +1.83K +83.14% $6.03* 4.03K Sep 16, 2021 Direct
transaction MEG Common Stock Sale -$110K -1.83K -45.4% $60.00 2.2K Sep 16, 2021 Direct
transaction MEG Common Stock Options Exercise $50.6K +2.11K +95.91% $24.00 4.31K Sep 16, 2021 Direct
transaction MEG Common Stock Sale -$127K -2.11K -48.96% $60.00 2.2K Sep 16, 2021 Direct
transaction MEG Common Stock Options Exercise $27.3K +865 +39.32% $31.60 3.07K Sep 16, 2021 Direct
transaction MEG Common Stock Sale -$51.9K -865 -28.22% $60.00 2.2K Sep 16, 2021 Direct
transaction MEG Common Stock Options Exercise $42.8K +7.1K +322.5% $6.03* 9.3K Sep 17, 2021 Direct
transaction MEG Common Stock Sale -$426K -7.1K -76.33% $60.08 2.2K Sep 17, 2021 Direct F1
transaction MEG Common Stock Options Exercise $14.4K +600 +27.27% $24.00 2.8K Sep 17, 2021 Direct
transaction MEG Common Stock Sale -$36.1K -600 -21.43% $60.17 2.2K Sep 17, 2021 Direct F2
transaction MEG Common Stock Options Exercise $9.48K +300 +13.64% $31.60 2.5K Sep 17, 2021 Direct
transaction MEG Common Stock Sale -$18.1K -300 -12% $60.18 2.2K Sep 17, 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 -1.83K -0.97% $0.00 186K Sep 16, 2021 Common Stock 1.83K $6.03 Direct F4
transaction MEG Stock Option (Right to Buy) Options Exercise $0 -2.11K -10.31% $0.00 18.4K Sep 16, 2021 Common Stock 2.11K $24.00 Direct F5
transaction MEG Stock Option (Right to Buy) Options Exercise $0 -865 -4.58% $0.00 18K Sep 16, 2021 Common Stock 865 $31.60 Direct F6
transaction MEG Stock Option (Right to Buy) Options Exercise $0 -7.1K -3.81% $0.00 179K Sep 17, 2021 Common Stock 7.1K $6.03 Direct F4
transaction MEG Stock Option (Right to Buy) Options Exercise $0 -600 -3.27% $0.00 17.8K Sep 17, 2021 Common Stock 600 $24.00 Direct F5
transaction MEG Stock Option (Right to Buy) Options Exercise $0 -300 -1.66% $0.00 17.7K Sep 17, 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.