Montrose Environmental Group, Inc. — Director's Dealing 2021

Sep 24, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Montrose Environmental Group, Inc. (MEG)
CIK: 0001643615
Period of Report: 2021-09-21

Reporting Person: LeMaire Joshua W. (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-09-21	Common Stock	M	21665	$6.03	Acquired	23865	Direct
2021-09-21	Common Stock	S	21665	$60.11	Disposed	2200	Direct
2021-09-21	Common Stock	M	8453	$24.00	Acquired	10653	Direct
2021-09-21	Common Stock	S	8453	$60.10	Disposed	2200	Direct
2021-09-21	Common Stock	M	3677	$31.60	Acquired	5877	Direct
2021-09-21	Common Stock	S	3677	$60.12	Disposed	2200	Direct
2021-09-22	Common Stock	M	2577	$6.03	Acquired	4777	Direct
2021-09-22	Common Stock	S	1596	$61.03	Disposed	3181	Direct
2021-09-22	Common Stock	S	981	$61.89	Disposed	2200	Direct
2021-09-22	Common Stock	M	2477	$24.00	Acquired	4677	Direct
2021-09-22	Common Stock	S	1481	$61.04	Disposed	3196	Direct
2021-09-22	Common Stock	S	996	$61.90	Disposed	2200	Direct
2021-09-22	Common Stock	M	1455	$31.60	Acquired	3655	Direct
2021-09-22	Common Stock	S	961	$61.08	Disposed	2694	Direct
2021-09-22	Common Stock	S	494	$61.95	Disposed	2200	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-09-21	Stock Option (Right to Buy)	$6.03	M	21665	Disposed	2026-06-23	Common Stock (21665)	Direct
2021-09-21	Stock Option (Right to Buy)	$24.00	M	8453	Disposed	2029-01-10	Common Stock (8453)	Direct
2021-09-21	Stock Option (Right to Buy)	$31.60	M	3677	Disposed	2030-01-01	Common Stock (3677)	Direct
2021-09-22	Stock Option (Right to Buy)	$6.03	M	2577	Disposed	2026-06-23	Common Stock (2577)	Direct
2021-09-22	Stock Option (Right to Buy)	$24.00	M	2477	Disposed	2029-01-10	Common Stock (2477)	Direct
2021-09-22	Stock Option (Right to Buy)	$31.60	M	1455	Disposed	2030-01-01	Common Stock (1455)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares of common stock of the Issuer were sold in multiple transactions by the Reporting Person at prices ranging from $60.00 to $60.66, inclusive. The Reporting Person undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares of common stock sold at each separate price within the range.

F2: The price reported in Column 4 is a weighted average price. These shares of common stock of the Issuer were sold in multiple transactions by the Reporting Person at prices ranging from $60.00 to $60.66, inclusive. The Reporting Person undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares of common stock sold at each separate price within the range.

F3: The price reported in Column 4 is a weighted average price. These shares of common stock of the Issuer were sold in multiple transactions by the Reporting Person at prices ranging from $60.00 to $60.80, inclusive. The Reporting Person undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares of common stock sold at each separate price within the range.

F4: The price reported in Column 4 is a weighted average price. These shares of common stock of the Issuer were sold in multiple transactions by the Reporting Person at prices ranging from $60.54 to $61.50, inclusive. The Reporting Person undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares of common stock sold at each separate price within the range.

F5: The price reported in Column 4 is a weighted average price. These shares of common stock of the Issuer were sold in multiple transactions by the Reporting Person at prices ranging from $61.54 to $62.38, inclusive. The Reporting Person undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares of common stock sold at each separate price within the range.

F6: The price reported in Column 4 is a weighted average price. These shares of common stock of the Issuer were sold in multiple transactions by the Reporting Person at prices ranging from $60.57 to $61.55, inclusive. The Reporting Person undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares of common stock sold at each separate price within the range.

F7: The price reported in Column 4 is a weighted average price. These shares of common stock of the Issuer were sold in multiple transactions by the Reporting Person at prices ranging from $61.57 to $62.38, inclusive. The Reporting Person undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares of common stock sold at each separate price within the range.

F8: The price reported in Column 4 is a weighted average price. These shares of common stock of the Issuer were sold in multiple transactions by the Reporting Person at prices ranging from $60.60 to $61.57 inclusive. The Reporting Person undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares of common stock sold at each separate price within the range.

F9: The price reported in Column 4 is a weighted average price. These shares of common stock of the Issuer were sold in multiple transactions by the Reporting Person at prices ranging from $61.60 to $62.38, inclusive. The Reporting Person undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares of common stock sold at each separate price within the range.

F10: 50% of the shares subject to the option vested on July 13, 2017 and the remaining 50% vested on July 13, 2019.

F11: 33.33% of the shares subject to the option vested on January 10, 2020, 33.33% vested on January 10, 2021 and the remaining balance will vest on January 10, 2022, subject to the Reporting Person's continued service to the Issuer.

F12: 33.33% of the shares subject to the option vested on January 1, 2021, 33.33% will vest on January 1, 2022 and the remaining balance will vest on January 1, 2023, subject to the Reporting Person's continued service to the Issuer.