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MYR GROUP INC. — Director's Dealing 2023
Mar 27, 2023
31327_dirs_2023-03-27_02537ba2-33db-4d4b-ac0b-0c57cd961fa9.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: 2023-03-23
Reporting Person: Swartz Richard S. Jr. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-23 | Common Stock | M | 5957 | — | Acquired | 163581 | Direct |
| 2023-03-23 | Common Stock | F | 2607 | $116.47 | Disposed | 160974 | Direct |
| 2023-03-23 | Common Stock | M | 3817 | — | Acquired | 164791 | Direct |
| 2023-03-23 | Common Stock | F | 1670 | $116.47 | Disposed | 163121 | Direct |
| 2023-03-23 | Common Stock | M | 3049 | — | Acquired | 166170 | Direct |
| 2023-03-23 | Common Stock | F | 1334 | $116.47 | Disposed | 164836 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-03-23 | RESTRICTED STOCK UNIT | $ | M | 5957 | Disposed | 2023-03-23 | Common Stock (5957) | Direct |
| 2023-03-23 | RESTRICTED STOCK UNIT | $ | M | 3817 | Disposed | 2023-03-23 | Common Stock (3817) | Direct |
| 2023-03-23 | RESTRICTED STOCK UNIT | $ | M | 3049 | Disposed | 2023-03-23 | Common Stock (3049) | Direct |
| 2023-03-23 | RESTRICTED STOCK UNIT | $ | A | 9118 | Acquired | Common Stock (9118) | Direct |
Footnotes
F1: These Restricted Stock Units, which were awarded on April 27, 2020 pursuant to the Issuer's 2017 Long-Term Incentive Plan, vested ratably on April 27, 2021, March 23, 2022 and March 23, 2023 and were settled in shares of the Issuer's common stock on a one-for-one basis.
F2: Represents shares of the Issuer's common stock withheld to satisfy tax withholding obligations in connection with the vesting of Restricted Stock Units granted pursuant to the Issuer's 2017 Long-Term Incentive Plan.
F3: These Restricted Stock Units, which were awarded on March 23, 2021 and 2022 pursuant to the Issuer's 2017 Long-Term Incentive Plan, vest ratably over three years and were settled in shares of the Issuer's common stock on a one-for-one basis.
F4: 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. The Restricted Stock Units vest ratably over three years beginning on the first anniversary of the grant date.