Kenneth M. Hartwick - Apr 20, 2023 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 20, 2023
Transactions value $
$0
Form type
4
Date filed
4/24/2023, 04:05 PM
Previous filing
Mar 17, 2023
Next filing
May 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MYRG Common Stock Options Exercise +1.74K +8.73% 21.6K Apr 21, 2023 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 +1.28K $0.00 1.28K Apr 20, 2023 Common Stock 1.28K Direct F2
transaction MYRG RESTRICTED STOCK UNIT Options Exercise $0 -1.74K -100% $0.00* 0 Apr 21, 2023 Common Stock 1.74K Direct F1
* 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 21, 2022 pursuant to the Issuer's 2017 Long-Term Incentive Plan, vested on April 21, 2023 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 1,277 shares of the Issuer's common stock on April 20, 2024, 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.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney.