Tod M. Cooper - Mar 23, 2023 Form 4 Insider Report for MYR GROUP INC. (MYRG)

Role
SVP and COO T&D
Signature
/s/ William F. Fry as Attorney-in-Fact for Tod M. Cooper
Stock symbol
MYRG
Transactions as of
Mar 23, 2023
Transactions value $
-$241,792
Form type
4
Date filed
3/27/2023, 04:30 PM
Previous filing
Mar 1, 2023
Next filing
Feb 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MYRG Common Stock Options Exercise $0 +2.38K +11.87% $0.00 22.5K Mar 23, 2023 Direct F1
transaction MYRG Common Stock Tax liability -$123K -1.06K -4.71% $116.47 21.4K Mar 23, 2023 Direct F2
transaction MYRG Common Stock Options Exercise $0 +1.36K +6.33% $0.00 22.8K Mar 23, 2023 Direct F3
transaction MYRG Common Stock Tax liability -$70K -601 -2.64% $116.47 22.1K Mar 23, 2023 Direct F2
transaction MYRG Common Stock Options Exercise $0 +941 +4.25% $0.00 23.1K Mar 23, 2023 Direct F3
transaction MYRG Common Stock Tax liability -$48.7K -418 -1.81% $116.47 22.7K Mar 23, 2023 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 -2.38K -100% $0.00* 0 Mar 23, 2023 Common Stock 2.38K Direct F1
transaction MYRG RESTRICTED STOCK UNIT Options Exercise $0 -1.36K -49.98% $0.00 1.36K Mar 23, 2023 Common Stock 1.36K Direct F3
transaction MYRG RESTRICTED STOCK UNIT Options Exercise $0 -941 -33.35% $0.00 1.88K Mar 23, 2023 Common Stock 941 Direct F3
transaction MYRG RESTRICTED STOCK UNIT Award $0 +2.58K $0.00 2.58K Mar 23, 2023 Common Stock 2.58K 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 April 27, 2020 pursuant to the Issuer's 2017 Long-Term Incentive Plan, vested 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.
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 March 23, 2021 and 2022 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.
F4 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. The Restricted Stock Units vest ratably over three years beginning on the first anniversary of the grant date.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney.