Michael Bruen - Feb 8, 2024 Form 4 Insider Report for Bowman Consulting Group Ltd. (BWMN)

Signature
/s/ Michael Bruen by Robert Hickey with Power of Attorney
Stock symbol
BWMN
Transactions as of
Feb 8, 2024
Transactions value $
-$52,822
Form type
4
Date filed
2/12/2024, 06:05 PM
Previous filing
Jan 12, 2024
Next filing
Feb 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWMN Common Stock Award $0 +24K +5.79% $0.00 438K Feb 8, 2024 Direct F1
transaction BWMN Common Stock Award $0 +6.82K +1.56% $0.00 444K Feb 8, 2024 Direct F2
transaction BWMN Common Stock Award $0 +3.06K +0.69% $0.00 448K Feb 8, 2024 Direct F3
transaction BWMN Common Stock Tax liability -$29.6K -816 -0.18% $36.27 447K Feb 9, 2024 Direct
transaction BWMN Common Stock Tax liability -$23.2K -620 -0.14% $37.46 446K Feb 12, 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 10, 2021, the reporting person was granted an award of restricted stock units under the 2021 Executive Officers Long Term Incentive Plan, as amended, which vests in the form of common stock based on the total stockholder return of the Issuer compared against a peer group for the performance period November 1, 2021 through December 31, 2023. On February 8, 2024, the Board of Directors ratified the determination of the Compensation Committee that the maximum level of performance (75th percentile or higher) had been met, resulting in the vesting of these shares.
F2 Reflect amounts earned by the reporting person under the 2021 Executive Short Term Incentive Plan, as amended, for performance-year ended December 31, 2023, which amounts the reporting person had previously elected to have paid in common stock. The common stock will vest on December 31, 2024.
F3 Reflects the annual award of time-based restricted stock pursuant to the 2021 Executive Officers Long Term Incentive Plan, as amended, which vests in three equal installments beginning on the first anniversary of the date of grant.