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MYR GROUP INC. Director's Dealing 2019

Mar 26, 2019

31327_dirs_2019-03-26_133aa532-c4b2-4e1e-8cca-cc5ab69f2dea.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: 2019-03-22

Reporting Person: COOPER TOD M. (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-03-23 Common Stock M 2035 Acquired 35628 Direct
2019-03-23 Common Stock F 604 $33.67 Disposed 35024 Direct
2019-03-23 Common Stock F 425 $33.67 Disposed 34599 Direct
2019-03-24 Common Stock F 565 $33.67 Disposed 34034 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-03-22 RESTRICTED STOCK UNIT $ A 6534 Acquired Common Stock (6534) Direct
2019-03-23 RESTRICTED STOCK UNIT $ M 2035 Disposed 2019-03-23 Common Stock (2035) Direct

Footnotes

F1: These Restricted Stock Units, which were awarded on March 23, 2018 pursuant to the issuer's 2017 Long-Term Incentive Plan, vest ratably over three years and were settled in common stock on a one-for-one basis.

F2: 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 and restricted stock units pursuant to the MYR Group Inc. 2017 Long-Term Incentive Plan.

F3: 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 2,178 shares of Issuer's common stock on March 22, 2020, 2021 and 2022.

F4: The closing stock price of MYR Group stock was $33.67 on March 22, 2019.