SEC Form 4 · accession 0001209191-16-110232
MASTEC INC · MTZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J Dwyer
Director
Period of report
Mar 21, 2016
Accepted (ET)
Mar 23, 2016 · 5:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000015615
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 21, 2016 | M | 7,500 | $13.68 | A | 40,738 | D | |
| Common StockF1 | Mar 21, 2016 | S | 5,860 | $19.96 | D | 34,878 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F2,F3 | $13.68 | Mar 21, 2016 | M | 7,500 | D | Jun 1, 2007 | Jun 1, 2016 | Common Stock | 7,500 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.94 to $19.98, inclusive. The reporting person undertakes to provide to MasTec, Inc., a Florida corporation ("MasTec"), any security holder of MasTec, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
- F2Formula stock option grant pursuant to MasTec, Inc. Amended and Restated 2003 Plan for Non-Employees for no cash consideration.
- F3Exempt stock option grant that vests over three years. First two years vest at 33% and third year vests at 34%. Vesting begins twelve months after date of grant (06/01/2006).