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Mastech Digital, Inc. — Director's Dealing 2025
Jan 8, 2025
34250_dirs_2025-01-08_9473fb06-820d-44a1-ba84-01854f65a607.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Mastech Digital, Inc. (MHH)
CIK: 0001437226
Period of Report: 2025-01-06
Reporting Person: Patel Nirav (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-01-06 | Employee Stock Option (Right to Buy) | $15.41 | A | 702358 | Acquired | 2035-01-06 | Common Stock (702358) | Direct |
Footnotes
F1: On January 6, 2025, Mr. Patel received an award of a non-qualified stock option to purchase 702,358 shares of common stock of the Company. The option will vest as follows:
(i) 87,795 shares will vest on January 6, 2026;
(ii) 87,795 shares will vest on January 6, 2027;
(iii) 87,795 shares will vest on January 6, 2028;
(iv) 87,794 shares will vest on January 6, 2029;
(v) 175,589 shares will vest on the first date during Mr. Patel's term of employment that the Company's Quarterly Average Market Capitalization (as defined in the stock option agreement executed by Mr. Patel with respect to the options) is greater than $300,000,000;
F2: (Continued From Footnote 1) (vi) 87,795 shares will vest on the first date during Mr. Patel's term of employment that the Company's Quarterly Average Market Capitalization is greater than $450,000,000; and
(vii) 87,795 shares will vest on the first date during Mr. Patel's term of employment that the Company's Quarterly Average Market Capitalization is greater than $600,000,000.