Joshua W. LeMaire - Sep 21, 2021 Form 4 Insider Report for Montrose Environmental Group, Inc. (MEG)

Signature
/s/ Nasym Afsari, Attorney In Fact
Stock symbol
MEG
Transactions as of
Sep 21, 2021
Transactions value $
-$1,860,171
Form type
4
Date filed
9/23/2021, 06:46 PM
Previous filing
Sep 17, 2021
Next filing
Dec 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MEG Common Stock Options Exercise $131K +21.7K +984.77% $6.03* 23.9K Sep 21, 2021 Direct
transaction MEG Common Stock Sale -$1.3M -21.7K -90.78% $60.11 2.2K Sep 21, 2021 Direct F1
transaction MEG Common Stock Options Exercise $203K +8.45K +384.23% $24.00 10.7K Sep 21, 2021 Direct
transaction MEG Common Stock Sale -$508K -8.45K -79.35% $60.10 2.2K Sep 21, 2021 Direct F2
transaction MEG Common Stock Options Exercise $116K +3.68K +167.14% $31.60 5.88K Sep 21, 2021 Direct
transaction MEG Common Stock Sale -$221K -3.68K -62.57% $60.12 2.2K Sep 21, 2021 Direct F3
transaction MEG Common Stock Options Exercise $15.5K +2.58K +117.14% $6.03* 4.78K Sep 22, 2021 Direct
transaction MEG Common Stock Sale -$97.4K -1.6K -33.41% $61.03 3.18K Sep 22, 2021 Direct F4
transaction MEG Common Stock Sale -$60.7K -981 -30.84% $61.89 2.2K Sep 22, 2021 Direct F5
transaction MEG Common Stock Options Exercise $59.4K +2.48K +112.59% $24.00 4.68K Sep 22, 2021 Direct
transaction MEG Common Stock Sale -$90.4K -1.48K -31.67% $61.04 3.2K Sep 22, 2021 Direct F6
transaction MEG Common Stock Sale -$61.7K -996 -31.16% $61.90 2.2K Sep 22, 2021 Direct F7
transaction MEG Common Stock Options Exercise $46K +1.46K +66.14% $31.60 3.66K Sep 22, 2021 Direct
transaction MEG Common Stock Sale -$58.7K -961 -26.29% $61.08 2.69K Sep 22, 2021 Direct F8
transaction MEG Common Stock Sale -$30.6K -494 -18.34% $61.95 2.2K Sep 22, 2021 Direct F9

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 -21.7K -12.11% $0.00 157K Sep 21, 2021 Common Stock 21.7K $6.03 Direct F10
transaction MEG Stock Option (Right to Buy) Options Exercise $0 -8.45K -47.62% $0.00 9.3K Sep 21, 2021 Common Stock 8.45K $24.00 Direct F11
transaction MEG Stock Option (Right to Buy) Options Exercise $0 -3.68K -20.74% $0.00 14.1K Sep 21, 2021 Common Stock 3.68K $31.60 Direct F12
transaction MEG Stock Option (Right to Buy) Options Exercise $0 -2.58K -1.64% $0.00 155K Sep 22, 2021 Common Stock 2.58K $6.03 Direct F10
transaction MEG Stock Option (Right to Buy) Options Exercise $0 -2.48K -26.64% $0.00 6.82K Sep 22, 2021 Common Stock 2.48K $24.00 Direct F11
transaction MEG Stock Option (Right to Buy) Options Exercise $0 -1.46K -10.36% $0.00 12.6K Sep 22, 2021 Common Stock 1.46K $31.60 Direct F12
* 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 $60.66, 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 $60.66, 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 $60.80, 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 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 $60.54 to $61.50, 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.
F5 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 $61.54 to $62.38, 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.
F6 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 $60.57 to $61.55, 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.
F7 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 $61.57 to $62.38, 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.
F8 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 $60.60 to $61.57 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.
F9 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 $61.60 to $62.38, 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.
F10 50% of the shares subject to the option vested on July 13, 2017 and the remaining 50% vested on July 13, 2019.
F11 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.
F12 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.