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MASTEC INC — Director's Dealing 2016
Jun 22, 2016
30366_dirs_2016-06-22_75797f98-23ae-4f52-9dad-def4d4ced0b8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MASTEC INC (MTZ)
CIK: 0000015615
Period of Report: 2016-06-20
Reporting Person: Apple Robert E (COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-06-20 | Common Stock | M | 40000 | $12.93 | Acquired | 243567 | Direct |
| 2016-06-20 | Common Stock | S | 40000 | $23.57 | Disposed | 203567 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-06-20 | Non-Qualified Stock Option (right to buy) | $12.93 | M | 40000 | Disposed | 2016-08-03 | Common Stock (40000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 851 | Indirect |
Footnotes
F1: These sales were related to the exercise of a portion of 100,000 stock options which were set to expire on August 3, 2016. Proceeds of the sale were used to exercise the options, pay related income taxes and diversify the investment portfolio of Mr. Apple. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.50 to $23.70, inclusive. The reporting person undertakes to provide to MasTec, Inc., a Florida corporation ("MasTec"), any security holder of MasTec, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.