Mayra Chimienti - Jun 14, 2023 Form 4 Insider Report for Mister Car Wash, Inc. (MCW)

Signature
/s/ Markus Hartmann, as Attorney-in-Fact for Mayra Chimienti
Stock symbol
MCW
Transactions as of
Jun 14, 2023
Transactions value $
-$1,068,750
Form type
4
Date filed
6/16/2023, 06:50 PM
Previous filing
Jun 6, 2023
Next filing
Jun 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCW Common Stock Options Exercise $6.75K +25K $0.27* 25K Jun 14, 2023 JMC Familia Trust
transaction MCW Common Stock Sale -$221K -25K -100% $8.82 0 Jun 14, 2023 JMC Familia Trust F1
transaction MCW Common Stock Options Exercise $27K +100K $0.27* 100K Jun 14, 2023 JMC Familia Trust
transaction MCW Common Stock Sale -$882K -100K -100% $8.82 0 Jun 14, 2023 JMC Familia Trust F2
holding MCW Common Stock 264K Jun 14, 2023 Direct

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 -25K -20% $0.00 100K Jun 24, 2023 Common Stock 25K $0.27 JMC Familia Trust F3
transaction MCW Stock Option (Right to Buy) Options Exercise $0 -100K -100% $0.00* 0 Jun 24, 2023 Common Stock 100K $0.27 JMC Familia Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.77 to $8.98. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.77 to $8.99. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The option is fully vested and exercisable

Remarks:

All transactions reported in this Form 4 were executed pursuant to a 10b5-1 trading plan adopted on March 15, 2023.