Joshua W. LeMaire - 21 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
21 Sep 2021
Net transactions value
-$1,860,171
Form type
4
Filing time
23 Sep 2021, 18:46:24 UTC
Previous filing
17 Sep 2021
Next filing
20 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MEG Common Stock Options Exercise $130,640 +21,665 +985% $6.03* 23,865 21 Sep 2021 Direct
transaction MEG Common Stock Sale $1,302,283 -21,665 -91% $60.11 2,200 21 Sep 2021 Direct F1
transaction MEG Common Stock Options Exercise $202,872 +8,453 +384% $24.00 10,653 21 Sep 2021 Direct
transaction MEG Common Stock Sale $508,025 -8,453 -79% $60.10 2,200 21 Sep 2021 Direct F2
transaction MEG Common Stock Options Exercise $116,193 +3,677 +167% $31.60 5,877 21 Sep 2021 Direct
transaction MEG Common Stock Sale $221,061 -3,677 -63% $60.12 2,200 21 Sep 2021 Direct F3
transaction MEG Common Stock Options Exercise $15,539 +2,577 +117% $6.03* 4,777 22 Sep 2021 Direct
transaction MEG Common Stock Sale $97,404 -1,596 -33% $61.03 3,181 22 Sep 2021 Direct F4
transaction MEG Common Stock Sale $60,714 -981 -31% $61.89 2,200 22 Sep 2021 Direct F5
transaction MEG Common Stock Options Exercise $59,448 +2,477 +113% $24.00 4,677 22 Sep 2021 Direct
transaction MEG Common Stock Sale $90,400 -1,481 -32% $61.04 3,196 22 Sep 2021 Direct F6
transaction MEG Common Stock Sale $61,652 -996 -31% $61.90 2,200 22 Sep 2021 Direct F7
transaction MEG Common Stock Options Exercise $45,978 +1,455 +66% $31.60 3,655 22 Sep 2021 Direct
transaction MEG Common Stock Sale $58,698 -961 -26% $61.08 2,694 22 Sep 2021 Direct F8
transaction MEG Common Stock Sale $30,603 -494 -18% $61.95 2,200 22 Sep 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 -21,665 -12% $0.000000 157,286 21 Sep 2021 Common Stock 21,665 $6.03 Direct F10
transaction MEG Stock Option (Right to Buy) Options Exercise $0 -8,453 -48% $0.000000 9,297 21 Sep 2021 Common Stock 8,453 $24.00 Direct F11
transaction MEG Stock Option (Right to Buy) Options Exercise $0 -3,677 -21% $0.000000 14,050 21 Sep 2021 Common Stock 3,677 $31.60 Direct F12
transaction MEG Stock Option (Right to Buy) Options Exercise $0 -2,577 -1.6% $0.000000 154,709 22 Sep 2021 Common Stock 2,577 $6.03 Direct F10
transaction MEG Stock Option (Right to Buy) Options Exercise $0 -2,477 -27% $0.000000 6,820 22 Sep 2021 Common Stock 2,477 $24.00 Direct F11
transaction MEG Stock Option (Right to Buy) Options Exercise $0 -1,455 -10% $0.000000 12,595 22 Sep 2021 Common Stock 1,455 $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.