John Lai - Jun 26, 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
Jun 26, 2023
Transactions value $
-$286,828
Form type
4
Date filed
6/28/2023, 06:19 PM
Previous filing
Jun 14, 2023
Next filing
Jun 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCW Common Stock Options Exercise $0 +80K +3.18% $0.00 2.6M Jun 26, 2023 Direct
transaction MCW Common Stock Sale -$287K -33.9K -1.3% $8.46 2.56M Jun 26, 2023 Direct F1
holding MCW Common Stock 960K Jun 26, 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 -80K -25% $0.00 240K Jun 25, 2023 Common Stock 80K 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.