Kenneth M. Hartwick - Apr 21, 2022 Form 4 Insider Report for MYR GROUP INC. (MYRG)

Role: Director
Signature: /s/ William F. Fry as Attorney-in-Fact for Kenneth Michael Hartwick
Stock symbol: MYRG
Transactions as of: Apr 21, 2022
Transactions value $: $0
Form type: 4
Date filed: 4/25/2022, 04:06 PM
Next filing: May 20, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MYRG	Common Stock	Options Exercise		+1.63K	+8.92%		19.9K	Apr 22, 2022	Direct	F1

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	Award	$0	+1.74K		$0.00	1.74K	Apr 21, 2022	Common Stock	1.74K		Direct	F2
transaction	MYRG	RESTRICTED STOCK UNIT	Options Exercise	$0	-1.63K	-100%	$0.00^*	0	Apr 22, 2022	Common Stock	1.63K		Direct	F1, F2

* 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 April 22, 2021 pursuant to the Issuer's 2017 Long-Term Incentive Plan, vested on April 22, 2022 and were settled in shares of the Issuer's common stock on a one-for-one basis. The payment of such shares has been deferred in accordance with the Reporting Person's election pursuant to the Issuer's non-employee director deferral program.
F2	Each Restricted Stock Unit, awarded pursuant to the Issuer's 2017 Long-Term Incentive Plan, represents a contingent right to receive one share of the Issuer's common stock. Restricted Stock Units will be converted into 1,738 shares of the Issuer's common stock on April 21, 2023, and the payment of such shares will be deferred in accordance with the Reporting Person's election pursuant to the Issuer's non-employee director deferral program.

Content

These Restricted Stock Units, which were awarded on April 22, 2021 pursuant to the Issuer's 2017 Long-Term Incentive Plan, vested on April 22, 2022 and were settled in shares of the Issuer's common stock on a one-for-one basis. The payment of such shares has been deferred in accordance with the Reporting Person's election pursuant to the Issuer's non-employee director deferral program.

Each Restricted Stock Unit, awarded pursuant to the Issuer's 2017 Long-Term Incentive Plan, represents a contingent right to receive one share of the Issuer's common stock. Restricted Stock Units will be converted into 1,738 shares of the Issuer's common stock on April 21, 2023, and the payment of such shares will be deferred in accordance with the Reporting Person's election pursuant to the Issuer's non-employee director deferral program.