John Lai - Mar 1, 2024 Form 4 Insider Report for Mister Car Wash, Inc. (MCW)

Role
Chief Executive Officer, Director
Signature
/s/Markus Hartmann, as Attorney-in-Fact for John Lai
Stock symbol
MCW
Transactions as of
Mar 1, 2024
Transactions value $
-$178,108
Form type
4
Date filed
3/7/2024, 05:09 PM
Previous filing
Sep 18, 2023
Next filing
May 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCW Common Stock Options Exercise $0 +81.1K +3.16% $0.00 2.65M Mar 1, 2024 Direct
transaction MCW Common Stock Sale -$178K -23.2K -0.88% $7.69 2.62M Mar 5, 2024 Direct F1
holding MCW Common Stock 960K Mar 1, 2024 by The JLKL 2020 Irrevocable Family Trust

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 MCW Restricted Stock Units Options Exercise $0 -81.1K -25% $0.00 243K Mar 1, 2024 Common Stock 81.1K Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 represent shares automatically sold in a non-discretionary transaction to cover taxes and fees in connection with the vesting and settlement of restricted stock unit awards.
F2 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock upon vesting.
F3 This filing relates to the occurrence of a restricted stock unit vesting event.
F4 The restricted stock units vest in 4 equal annual installments beginning on March 1, 2024 subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates.

Remarks:

Chief Executive Officer