Jose Mas - Mar 14, 2022 Form 4 Insider Report for MASTEC INC (MTZ)

Role
CEO, Director
Signature
\s\ Alberto de Cardenas For: Jose Mas
Stock symbol
MTZ
Transactions as of
Mar 14, 2022
Transactions value $
-$1,990,803
Form type
4
Date filed
3/16/2022, 04:48 PM
Previous filing
Mar 4, 2022
Next filing
Mar 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTZ Common Stock Tax liability -$1.99M -24K -0.75% $82.85 3.17M Mar 14, 2022 Direct F1
holding MTZ Common Stock 1.2M Mar 14, 2022 Indirect F2
holding MTZ Common Stock 425K Mar 14, 2022 Indirect F3
holding MTZ Common Stock 276K Mar 14, 2022 Indirect F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares disposed of represent shares withheld by the Issuer to pay taxes due upon vesting of restricted stock.
F2 Shares owned by Jose Ramon Mas Holdings I, LLC, a Florida limited liability company ("JRM Holdings I"). The sole member of JRM Holdings I is Jose Ramon Mas Holdings, LLC, a Florida limited liability company, of which Jose Mas is the sole member.
F3 Shares held by Jose Ramon Mas Irrevocable Family Trust, of which the reporting person's spouse is one of the trustees. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purpose of Section 16 or for any other purpose.
F4 Shares owned by Mas Equity Partners III, LLC, a Delaware limited liability company ("MEP III"), in which the reporting person is a member. The reporting person disclaims beneficial ownership of the securities held by MEP III except to the extent of his pecuniary interest therein.