John Lo-Minn Lai - 26 Jun 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
Issuer symbol
MCW
Transactions as of
26 Jun 2023
Net transactions value
-$286,828
Form type
4
Filing time
28 Jun 2023, 18:19:37 UTC
Previous filing
14 Jun 2023
Next filing
30 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCW Common Stock Options Exercise $0 +80,000 +3.2% $0.000000 2,598,130 26 Jun 2023 Direct
transaction MCW Common Stock Sale $286,828 -33,904 -1.3% $8.46 2,564,226 26 Jun 2023 Direct F1
holding MCW Common Stock 960,000 26 Jun 2023 by The JLKL 2020 Irrevocable Family Trust

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 Restricted Stock Units Options Exercise $0 -80,000 -25% $0.000000 240,000 25 Jun 2023 Common Stock 80,000 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 represent shares automatically sold in a non-discretionary transaction to cover taxes and fees in connection with the vesting and settlement of restricted stock unit awards.
F2 Each restricted stock unit represents a contingent right to receive one share of common stock.
F3 This filing relates to the occurrence of a restricted stock unit vesting event.
F4 The restricted stock units vest in 5 equal annual installments beginning on June 25, 2022 subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates.