Richard S. Swartz Jr. - Mar 22, 2024 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.
Stock symbol
MYRG
Transactions as of
Mar 22, 2024
Transactions value $
-$747,702
Form type
4
Date filed
3/25/2024, 06:45 PM
Previous 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 +3.82K +2.81% $0.00 140K Mar 23, 2024 Direct F1
transaction MYRG Common Stock Tax liability -$288K -1.67K -1.2% $172.52 138K Mar 23, 2024 Direct F2
transaction MYRG Common Stock Options Exercise $0 +3.05K +2.21% $0.00 141K Mar 23, 2024 Direct F1
transaction MYRG Common Stock Tax liability -$230K -1.33K -0.95% $172.52 140K Mar 23, 2024 Direct F2
transaction MYRG Common Stock Options Exercise $0 +3.04K +2.18% $0.00 143K Mar 23, 2024 Direct F1
transaction MYRG Common Stock Tax liability -$229K -1.33K -0.93% $172.52 141K Mar 23, 2024 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 -3.82K -100% $0.00* 0 Mar 23, 2024 Common Stock 3.82K Direct F1
transaction MYRG RESTRICTED STOCK UNIT Options Exercise $0 -3.05K -50% $0.00 3.05K Mar 23, 2024 Common Stock 3.05K Direct F1
transaction MYRG RESTRICTED STOCK UNIT Options Exercise $0 -3.04K -33.33% $0.00 6.08K Mar 23, 2024 Common Stock 3.04K Direct F1
transaction MYRG RESTRICTED STOCK UNIT Award $0 +5.72K $0.00 5.72K Mar 22, 2024 Common Stock 5.72K Direct F3
* 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 23, 2021, 2022 and 2023 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 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.