John Lai - Mar 1, 2023 Form 4 Insider Report for Mister Car Wash, Inc. (MCW)

Role
Chief Executive Officer
Signature
/s/Markus Hartmann, as Attorney-in-Fact for John Lai
Stock symbol
MCW
Transactions as of
Mar 1, 2023
Transactions value $
$0
Form type
4
Date filed
3/3/2023, 05:20 PM
Previous filing
Jun 30, 2022
Next filing
Jun 14, 2023

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) Award $0 +658K $0.00 658K Mar 1, 2023 Common Stock 658K $9.25 Direct F1
transaction MCW Restricted Stock Unit Award $0 +324K +101.35% $0.00 644K Mar 1, 2023 Common Stock 324K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests and becomes exercisable in four equal annual installments beginning on March 1, 2024, subject to Reporting Person's continued service to the Issuer through the applicable vesting date.
F2 Each restricted stock unit represents a contingent right to receive one share of common stock.
F3 Represents an award of Restricted Stock Units (RSUs), which will vest in four equal annual installments beginning on March 1, 2024, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date. The RSUs will be settled in shares of the Issuer's common stock upon vesting.