Richard S. Swartz Jr. - 22 Mar 2022 Form 4 Insider Report for MYR GROUP INC. (MYRG)

Role
President and CEO
Signature
/s/ William F. Fry as Attorney-in-Fact for Richard S. Swartz, Jr.
Issuer symbol
MYRG
Transactions as of
22 Mar 2022
Net transactions value
-$630,252
Form type
4
Filing time
24 Mar 2022, 16:08:57 UTC
Previous filing
18 Feb 2022
Next filing
17 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MYRG Common Stock Options Exercise $0 +4,554 +3.7% $0.000000 126,000 22 Mar 2022 Direct F1
transaction MYRG Common Stock Tax liability $203,705 -2,003 -1.6% $101.70 123,997 22 Mar 2022 Direct F2
transaction MYRG Common Stock Options Exercise $0 +5,957 +4.8% $0.000000 129,954 23 Mar 2022 Direct F3
transaction MYRG Common Stock Tax liability $259,956 -2,620 -2% $99.22 127,334 23 Mar 2022 Direct F2
transaction MYRG Common Stock Options Exercise $0 +3,816 +3% $0.000000 131,150 23 Mar 2022 Direct F1
transaction MYRG Common Stock Tax liability $166,590 -1,679 -1.3% $99.22 129,471 23 Mar 2022 Direct F2

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 MYRG RESTRICTED STOCK UNIT Options Exercise $0 -4,554 -100% $0.000000* 0 22 Mar 2022 Common Stock 4,554 Direct F1
transaction MYRG RESTRICTED STOCK UNIT Options Exercise $0 -5,957 -50% $0.000000 5,957 23 Mar 2022 Common Stock 5,957 Direct F3
transaction MYRG RESTRICTED STOCK UNIT Options Exercise $0 -3,816 -33% $0.000000 7,633 23 Mar 2022 Common Stock 3,816 Direct F1
transaction MYRG RESTRICTED STOCK UNIT Award $0 +9,147 $0.000000 9,147 23 Mar 2022 Common Stock 9,147 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These Restricted Stock Units, which were awarded on March 22, 2019 and March 23, 2021 pursuant to the Issuer's 2017 Long-Term Incentive Plan, vest ratably over three years and were settled in shares of the Issuer's common stock on a one-for-one basis.
F2 Represents shares of the Issuer's common stock withheld to satisfy tax withholding obligations in connection with the vesting of Restricted Stock Units granted pursuant to the Issuer's 2017 Long-Term Incentive Plan.
F3 These Restricted Stock Units, which were awarded on April 27, 2020 pursuant to the Issuer's 2017 Long-Term Incentive Plan, vest ratably on April 27, 2021, March 23, 2022 and March 23, 2023 and were settled in shares of the Issuer's common stock on a one-for-one basis.
F4 Each Restricted Stock Unit, awarded pursuant to Issuer's 2017 Long-Term Incentive Plan, represents a contingent right to receive one share of the Issuer's common stock. The Restricted Stock Units vest ratably over three years beginning on the first anniversary of the grant date.