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MYR GROUP INC. — Director's Dealing 2019
Mar 26, 2019
31327_dirs_2019-03-26_56aa1ad7-7850-401a-b843-ee6e67779988.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: Waneka Jeffrey J. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-03-23 | Common Stock | M | 1659 | — | Acquired | 11887 | Direct |
| 2019-03-23 | Common Stock | F | 480 | $33.67 | Disposed | 11407 | Direct |
| 2019-03-23 | Common Stock | F | 268 | $33.67 | Disposed | 11139 | Direct |
| 2019-03-24 | Common Stock | F | 118 | $33.67 | Disposed | 11021 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-03-22 | RESTRICTED STOCK UNIT | $ | A | 5940 | Acquired | Common Stock (5940) | Direct | |
| 2019-03-23 | RESTRICTED STOCK UNIT | $ | M | 1659 | Disposed | 2019-03-23 | Common Stock (1659) | 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 1,980 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.