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MYR GROUP INC. — Director's Dealing 2019
Apr 29, 2019
31327_dirs_2019-04-29_01905738-d1d7-407b-a25f-3c35b66b6ba1.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: 2019-04-25
Reporting Person: LUCKY DONALD C.I. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-04-25 | Common Stock | A | 330 | $36.34 | Acquired | 4959 | Direct |
| 2019-04-26 | Common Stock | M | 2482 | — | Acquired | 7441 | Direct |
| 2019-04-28 | Common Stock | M | 991 | — | Acquired | 8432 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-04-25 | RESTRICTED STOCK UNIT | $ | A | 2063 | Acquired | Common Stock (2063) | Direct | |
| 2019-04-26 | RESTRICTED STOCK UNIT | $ | M | 2482 | Disposed | 2019-04-26 | Common Stock (2482) | Direct |
| 2019-04-28 | PHANTOM STOCK | $ | M | 991 | Disposed | 2019-04-28 | Common Stock (991) | Direct |
Footnotes
F1: These Phantom Stock Units, which were awarded on April 28, 2016 pursuant to the Issuer's 2007 Long-Term Incentive Plan (as amended), vested ratably over three years and were settled in shares of the Issuer's common stock on a one-for-one basis.
F2: These Restricted Stock Units, which were awarded on April 26, 2018, pursuant to the Issuer's 2017 Long-Term Incentive Plan, vested on April 26, 2019 and were settled in shares of the Issuer's common stock on a one-for-one basis.
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. Restricted Stock Units will be converted into 2,063 shares of Issuer's common stock on April 25, 2020.
F4: The closing stock price of MYR Group stock was $36.34 on April 25, 2019.
F5: Shares represent common stock the reporting person elected to receive in lieu of cash for a portion of the retainer fee payable for service on the Issuer's Board of Directors.