John Lai - Mar 15, 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 15, 2024
Transactions value $
-$8,692,651
Form type
4
Date filed
3/19/2024, 07:23 PM
Previous filing
Mar 7, 2024
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 $1M +2.18M +83.14% $0.46* 4.8M Mar 15, 2024 Direct
transaction MCW Common Stock Tax liability -$7.3M -992K -20.65% $7.36 3.81M Mar 15, 2024 Direct F1
transaction MCW Common Stock Options Exercise $564K +855K +89.06% $0.66* 1.82M Mar 15, 2024 The JLKL 2020 Irrevocable Family Trust
transaction MCW Common Stock Tax liability -$2.96M -402K -22.17% $7.36 1.41M Mar 15, 2024 The JLKL 2020 Irrevocable Family Trust 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 MCW Stock Option (Right to Buy) Options Exercise $0 +2.18M +218006600% $0.00 2.18M Mar 15, 2024 Common Stock 2.18M $0.46 Direct F2
transaction MCW Stock Option (Right to Buy) Options Exercise $0 +855K $0.00 855K Mar 15, 2024 Common Stock 855K $0.66 The JLKL 2020 Irrevocable Family Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a net exercise of outstanding stock options. These shares were withheld by the Company for payment to the exercise price and applicable taxes, using the closing price on March 15, 2024 of $7.36.
F2 The option is fully vested and exercisable.

Remarks:

Chief Executive Officer