Nasym Afsari - Nov 5, 2021 Form 4 Insider Report for Montrose Environmental Group, Inc. (MEG)

Role
General Counsel and Secretary
Signature
/s/ Nasym Afsari
Stock symbol
MEG
Transactions as of
Nov 5, 2021
Transactions value $
-$1,678,347
Form type
4
Date filed
11/9/2021, 03:46 PM
Previous filing
Sep 23, 2021
Next filing
Nov 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MEG Common Stock Options Exercise $36.8K +6.1K +36.42% $6.03* 22.9K Nov 5, 2021 Direct
transaction MEG Common Stock Sale -$459K -6.1K -26.7% $75.22 16.8K Nov 5, 2021 Direct F1
transaction MEG Common Stock Options Exercise $110K +18.2K +108.7% $6.03* 35K Nov 8, 2021 Direct
transaction MEG Common Stock Sale -$1.37M -18.2K -52.09% $75.02 16.8K Nov 8, 2021 Direct F2

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 -6.1K -6.31% $0.00 90.5K Nov 5, 2021 Common Stock 6.1K $6.03 Direct F3, F4
transaction MEG Stock Option (Right to Buy) Options Exercise $0 -18.2K -20.11% $0.00 72.3K Nov 8, 2021 Common Stock 18.2K $6.03 Direct F3
* 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 $75.00 to $75.64, 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 $75.00 to $75.29, 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 50% of the shares subject to the option vested on June 9, 2017 and the remaining 50% vested on June 9, 2019.
F4 Form 4 filed by the Reporting Person on September 23, 2021 incorrectly reflected the number of options remaining following the exercise reported thereon. The correct number of options that should have been reflected thereon was 96,625.

Remarks:

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