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MYR GROUP INC. — Director's Dealing 2018
Mar 27, 2018
31327_dirs_2018-03-27_5c448296-4b4b-4029-9e9f-dcd5b5fb2dda.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MYR GROUP INC. (MYRG)
CIK: 0000700923
Period of Report: 2018-03-23
Reporting Person: Swartz Richard S. Jr. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-23 | Common Stock | F | 966 | $30.14 | Disposed | 81924 | Direct |
| 2018-03-24 | Common Stock | F | 1298 | $30.14 | Disposed | 80626 | Direct |
| 2018-03-25 | Common Stock | F | 273 | $30.14 | Disposed | 80353 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-23 | RESTRICTED STOCK UNIT | $ | A | 15925 | Acquired | Common Stock (15925) | Direct |
Footnotes
F1: Represents shares of common stock withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock granted pursuant to the MYR Group Inc. 2007 Long-Term Incentive Plan, as amended.
F2: Each Restricted Stock Unit, awarded pursuant to Issuer's 2017 Long-Term Incentive Plan, represents a contingent right to receive one share of the Issuer's common stock. Units of restricted stock will be converted into 5,308, 5,309 and 5,308 shares of Issuer's common stock on March 23, 2019, 2020 and 2021, respectively.
F3: The closing stock price of MYR Group stock was $30.14 on March 23, 2018.