Vijay Manthripragada - 27 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
27 Sep 2021
Transactions value $
-$1,731,437
Form type
4
Filing time
28 Sep 2021, 21:37:18 UTC
Previous filing
24 Sep 2021
Next filing
01 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MEG Common Stock Options Exercise $170K +28.1K +217.56% $6.03* 41.1K 27 Sep 2021 Direct
transaction MEG Common Stock Sale -$1.9M -28.1K -68.51% $67.59 12.9K 27 Sep 2021 Direct F1

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 -28.1K -9.07% $0.00 282K 27 Sep 2021 Common Stock 28.1K $6.03 Direct F2
* 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 $67.50 to $68.44, 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 50% of the shares subject to the option vested on September 11, 2017 and the remaining 50% vested on September 11, 2019.

Remarks:

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